Sustainable Leather Foundation Cic

Key Facts

Net Assets

Current: £6,279

Previous: £44,897

Change: -38,618 (-86%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £30,038

Previous: £60,657

Change: -£30,619 (-50.5%)

Comment: Current assets fell significantly.

Cash

Current: £30,038

Previous: £60,657

Change: -£30,619 (-50.5%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £23,759

Previous: £15,760

Change: +£7,999 (+50.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £6,279

Previous: £44,897

Change: -£38,618 (-86%)

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

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.