Churchgate Artists Studios Cic

Key Facts

Net Assets

Current: £6,360

Previous: £4,550

Change: +1,810 (+39.8%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £3,040

Previous: £3,388

Change: -£348 (-10.3%)

Comment: Current assets reduced noticeably.

Cash

Current: £3,040

Previous: £3,388

Change: -£348 (-10.3%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £3,400

Previous: £1,938

Change: +£1,462 (+75.4%)

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

Net Current Assets Liabilities

Current: £2,960

Previous: £2,612

Change: +£348 (+13.3%)

Comment: Net current assets strengthened moderately.

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.