We Create Space Cic

Key Facts

Net Assets

Current: £475

Previous: £19

Change: +456 (+2400%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £59,311

Previous: £186,756

Change: -£127,445 (-68.2%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £10,161

Previous: £111,244

Change: -£101,083 (-90.9%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £60,525

Previous: £187,668

Change: -£127,143 (-67.7%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £1,214

Previous: £912

Change: +£302 (+33.1%)

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

Fixed Assets

Current: £1,689

Previous: £893

Change: +£796 (+89.1%)

Comment: Fixed assets increased 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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.