Utx Academy Cic

Key Facts

Net Assets

Current: £6,814

Previous: £13,099

Change: -6,285 (-48%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £47,234

Previous: £32,209

Change: +£15,025 (+46.6%)

Comment: Current assets increased significantly.

Cash

Current: £47,234

Previous: £32,209

Change: +£15,025 (+46.6%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £23,771

Previous: £45,308

Change: -£21,537 (-47.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £46,135

Previous: £32,209

Change: +£13,926 (+43.2%)

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

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: 1

Previous: 3

Change: -2 (-66.7%)

Comment: Trimmed the team by 2 people.