Wight Bluesky Arts Community Interest Company

Key Facts

Net Assets

Current: £9,355

Previous: £11,262

Change: -1,907 (-16.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £26,425

Previous: £22,514

Change: +£3,911 (+17.4%)

Comment: Current assets grew moderately.

Cash

Current: £26,425

Previous: £22,514

Change: +£3,911 (+17.4%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £16,571

Previous: £7,964

Change: +£8,607 (+108.1%)

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

Net Current Assets Liabilities

Current: £25,926

Previous: £16,188

Change: +£9,738 (+60.2%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: Not reported

Previous: £3,038

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.