The Magical Musical Company Cic

Key Facts

Net Assets

Current: £5,013

Previous: £4,478

Change: +535 (+11.9%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £301

Previous: £1,240

Change: -£939 (-75.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £1

Previous: £940

Change: -£939 (-99.9%)

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

Creditors 1 Year

Current: £5,837

Previous: £5,718

Change: +£119 (+2.1%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £5,536

Previous: £4,478

Change: +£1,058 (+23.6%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £523

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: 2

Change: +0 (+0%)

Comment: No change in team size.