Stitch Department Cic

Key Facts

Net Assets

Current: £166

Previous: £313

Change: -147 (-47%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £7,837

Previous: £137

Change: +£7,700 (+5620.4%)

Comment: Current assets increased significantly.

Cash

Current: £7,829

Previous: £137

Change: +£7,692 (+5614.6%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £8,003

Previous: £450

Change: +£7,553 (+1678.4%)

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

Net Current Assets Liabilities

Current: £166

Previous: £313

Change: -£147 (-47%)

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

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: Not reported

Previous: Not reported

Comment: Not reported