Thriving Spaces Cic

Key Facts

Net Assets

Current: £7,517

Previous: £12,008

Change: -4,491 (-37.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £49,398

Previous: £31,863

Change: +£17,535 (+55%)

Comment: Current assets increased significantly.

Cash

Current: £39,160

Previous: £30,863

Change: +£8,297 (+26.9%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £2,797

Previous: £2,075

Change: +£722 (+34.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £46,601

Previous: £29,788

Change: +£16,813 (+56.4%)

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

Fixed Assets

Current: £7,727

Previous: £12,220

Change: -£4,493 (-36.8%)

Comment: Fixed assets fell significantly.

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.