Spiral Freerun Cic

Key Facts

Net Assets

Current: £11,341

Previous: £3,319

Change: +8,022 (+241.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £14,650

Previous: £19,824

Change: -£5,174 (-26.1%)

Comment: Current assets reduced noticeably.

Cash

Current: £2,275

Previous: £19,824

Change: -£17,549 (-88.5%)

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

Creditors 1 Year

Current: £2,450

Previous: £2,450

Change: +£0 (+0%)

Comment: No change in short‑term creditors.

Net Current Assets Liabilities

Current: £20,517

Previous: £42,486

Change: -£21,969 (-51.7%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £34,308

Previous: £41,617

Change: -£7,309 (-17.6%)

Comment: Fixed assets reduced noticeably.

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.