Torbay Scrapstore Cic

Key Facts

Net Assets

Current: £1,232

Previous: £51

Change: +1,181 (+2315.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £9,225

Previous: £10,350

Change: -£1,125 (-10.9%)

Comment: Current assets reduced noticeably.

Cash

Current: £2,381

Previous: £4,216

Change: -£1,835 (-43.5%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £10,457

Previous: £10,299

Change: +£158 (+1.5%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £1,232

Previous: £51

Change: +£1,181 (+2315.7%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: Not reported

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.