Source Development Cornwall Limited

Key Facts

Net Assets

Current: £120,272

Previous: £113,990

Change: +6,282 (+5.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £23,971

Previous: £56,786

Change: -£32,815 (-57.8%)

Comment: Current assets fell significantly.

Cash

Current: £353

Previous: £2,123

Change: -£1,770 (-83.4%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £115,203

Previous: £141,882

Change: -£26,679 (-18.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £91,232

Previous: £85,096

Change: +£6,136 (+7.2%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.