United Legal Access Cic

Key Facts

Net Assets

Current: £3,769

Previous: £10,962

Change: -7,193 (-65.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £17,243

Previous: £8,830

Change: +£8,413 (+95.3%)

Comment: Current assets increased significantly.

Cash

Current: £852

Previous: £107

Change: +£745 (+696.3%)

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

Creditors 1 Year

Current: £17,576

Previous: £2,871

Change: +£14,705 (+512.2%)

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

Net Current Assets Liabilities

Current: £333

Previous: £5,959

Change: -£5,626 (-94.4%)

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

Fixed Assets

Current: £4,102

Previous: £5,003

Change: -£901 (-18%)

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: 3

Previous: 4

Change: -1 (-25%)

Comment: Lost a team member.