Trusty Steed Cic

Key Facts

Net Assets

Current: £9,325

Previous: £28,857

Change: -19,532 (-67.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £24,527

Previous: £12,877

Change: +£11,650 (+90.5%)

Comment: Current assets increased significantly.

Cash

Current: £1,505

Previous: £3,313

Change: -£1,808 (-54.6%)

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

Creditors 1 Year

Current: £34,120

Previous: £42,830

Change: -£8,710 (-20.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £9,593

Previous: £29,953

Change: -£20,360 (-68%)

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

Fixed Assets

Current: £268

Previous: £1,096

Change: -£828 (-75.5%)

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: 8

Previous: 7

Change: +1 (+14.3%)

Comment: Added a helper.