The Grow Project South Cic

Key Facts

Net Assets

Current: £607,233

Previous: £389,600

Change: +217,633 (+55.9%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £2,516

Previous: £2,981

Change: -£465 (-15.6%)

Comment: Current assets reduced noticeably.

Cash

Current: £16

Previous: £481

Change: -£465 (-96.7%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £717,269

Previous: £527,049

Change: +£190,220 (+36.1%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £714,753

Previous: £524,068

Change: +£190,685 (+36.4%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £107,520

Previous: £134,468

Change: -£26,948 (-20%)

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: 11

Previous: 18

Change: -7 (-38.9%)

Comment: A significant downsizing.