Uthink New Horizons Cic

Key Facts

Net Assets

Current: £8,119

Previous: £5,713

Change: +2,406 (+42.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £875

Previous: £212

Change: +£663 (+312.7%)

Comment: Current assets increased significantly.

Cash

Current: £670

Previous: £7

Change: +£663 (+9471.4%)

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

Creditors 1 Year

Current: £9,200

Previous: £6,200

Change: +£3,000 (+48.4%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £8,325

Previous: £5,988

Change: +£2,337 (+39%)

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

Fixed Assets

Current: £206

Previous: £275

Change: -£69 (-25.1%)

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: Not reported

Previous: Not reported

Comment: Not reported