The Silkworth Project Cic

Key Facts

Net Assets

Current: £52,653

Previous: £19,443

Change: +33,210 (+170.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £50,311

Previous: £1,014

Change: +£49,297 (+4861.6%)

Comment: Current assets increased significantly.

Cash

Current: £29,049

Previous: £14

Change: +£29,035 (+207392.9%)

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

Creditors 1 Year

Current: £66,000

Previous: £20,457

Change: +£45,543 (+222.6%)

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

Net Current Assets Liabilities

Current: £1,719

Previous: £19,443

Change: -£17,724 (-91.2%)

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

Fixed Assets

Current: £15,066

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: 12

Previous: Not reported

Comment: Not reported