Wise Up Workshops Cic

Key Facts

Net Assets

Current: £5,322

Previous: £2,556

Change: +2,766 (+108.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £14,987

Previous: £44,306

Change: -£29,319 (-66.2%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £14,987

Previous: £44,306

Change: -£29,319 (-66.2%)

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

Creditors 1 Year

Current: £22,041

Previous: £42,896

Change: -£20,855 (-48.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £6,672

Previous: £1,786

Change: +£4,886 (+273.6%)

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

Fixed Assets

Current: £1,350

Previous: £770

Change: +£580 (+75.3%)

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: 9

Previous: 11

Change: -2 (-18.2%)

Comment: A noticeable staff reduction.