The V Hub1 Cic

Key Facts

Net Assets

Current: £5,064

Previous: £7,447

Change: -2,383 (-32%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £6,616

Previous: £16,823

Change: -£10,207 (-60.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £6,616

Previous: £16,823

Change: -£10,207 (-60.7%)

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

Creditors 1 Year

Current: £4,581

Previous: £7,712

Change: -£3,131 (-40.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,035

Previous: £9,111

Change: -£7,076 (-77.7%)

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

Fixed Assets

Current: £3,029

Previous: £3,786

Change: -£757 (-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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.