Steps 8 Cic

Key Facts

Net Assets

Current: £10,731

Previous: £15,711

Change: -4,980 (-31.7%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £19,495

Previous: £27,627

Change: -£8,132 (-29.4%)

Comment: Current assets reduced noticeably.

Cash

Current: £135

Previous: £7,232

Change: -£7,097 (-98.1%)

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

Creditors 1 Year

Current: £19,432

Previous: £12,101

Change: +£7,331 (+60.6%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £1,098

Previous: £12,829

Change: -£11,731 (-91.4%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £9,633

Previous: £14,983

Change: -£5,350 (-35.7%)

Comment: Fixed assets fell significantly.

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.