Young Technicians Cic

Key Facts

Net Assets

Current: £67,392

Previous: £65,096

Change: +2,296 (+3.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £87,206

Previous: £59,354

Change: +£27,852 (+46.9%)

Comment: Current assets increased significantly.

Cash

Current: £37,188

Previous: £13,115

Change: +£24,073 (+183.6%)

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

Creditors 1 Year

Current: £114,999

Previous: £22,208

Change: +£92,791 (+417.8%)

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

Net Current Assets Liabilities

Current: £85,160

Previous: £35,289

Change: +£49,871 (+141.3%)

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

Fixed Assets

Current: £97,231

Previous: £52,015

Change: +£45,216 (+86.9%)

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: 11

Previous: 11

Change: +0 (+0%)

Comment: No meaningful change.