The Crafts Workshop Cic

Key Facts

Net Assets

Current: £1,383

Previous: £6,677

Change: -5,294 (-79.3%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £2,351

Previous: £258

Change: +£2,093 (+811.2%)

Comment: Current assets increased significantly.

Cash

Current: £2,351

Previous: £258

Change: +£2,093 (+811.2%)

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

Creditors 1 Year

Current: £10,005

Previous: £6,935

Change: +£3,070 (+44.3%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £2,351

Previous: £6,677

Change: -£4,326 (-64.8%)

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

Fixed Assets

Current: £6,271

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: 1

Previous: Not reported

Comment: Not reported