The Mind Tree Cafe Cic

Key Facts

Net Assets

Current: £8,343

Previous: £6,353

Change: +1,990 (+31.3%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £10,951

Previous: £22,714

Change: -£11,763 (-51.8%)

Comment: Current assets fell significantly.

Cash

Current: £6,899

Previous: £18,669

Change: -£11,770 (-63%)

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

Creditors 1 Year

Current: £26,257

Previous: £16,361

Change: +£9,896 (+60.5%)

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

Net Current Assets Liabilities

Current: £10,951

Previous: £22,714

Change: -£11,763 (-51.8%)

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

Fixed Assets

Current: £23,649

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: 5

Previous: 3

Change: +2 (+66.7%)

Comment: Strengthening the team.