The Able Stables Cic

Key Facts

Net Assets

Current: £149,895

Previous: £194,172

Change: -44,277 (-22.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £20,667

Previous: £49,368

Change: -£28,701 (-58.1%)

Comment: Current assets fell significantly.

Cash

Current: £20,667

Previous: £49,368

Change: -£28,701 (-58.1%)

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

Creditors 1 Year

Current: £1,651

Previous: £1,549

Change: +£102 (+6.6%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £19,016

Previous: £47,819

Change: -£28,803 (-60.2%)

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

Fixed Assets

Current: £130,879

Previous: £146,353

Change: -£15,474 (-10.6%)

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: 5

Previous: 5

Change: +0 (+0%)

Comment: No change in team size.