The Connected Development Project Cic

Key Facts

Net Assets

Current: £1,373

Previous: £1,785

Change: -412 (-23.1%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £11,781

Previous: £541

Change: +£11,240 (+2077.6%)

Comment: Current assets increased significantly.

Cash

Current: £11,781

Previous: £541

Change: +£11,240 (+2077.6%)

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

Creditors 1 Year

Current: £10,781

Previous: £2,893

Change: +£7,888 (+272.7%)

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

Net Current Assets Liabilities

Current: £1,077

Previous: £2,352

Change: -£1,275 (-54.2%)

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

Fixed Assets

Current: £365

Previous: £700

Change: -£335 (-47.9%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.