Forfar Athletic Football Club Limited

Key Facts

Net Assets

Current: £171,767

Previous: £243,758

Change: -71,991 (-29.5%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £39,777

Previous: £71,132

Change: -£31,355 (-44.1%)

Comment: Current assets fell significantly.

Cash

Current: £7,586

Previous: £24,138

Change: -£16,552 (-68.6%)

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

Creditors 1 Year

Current: £148,189

Previous: £55,448

Change: +£92,741 (+167.3%)

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

Net Current Assets Liabilities

Current: £53,002

Previous: £99,232

Change: -£46,230 (-46.6%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £372,958

Previous: £398,438

Change: -£25,480 (-6.4%)

Comment: Fixed assets decreased slightly.

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: 24

Previous: 23

Change: +1 (+4.3%)

Comment: Slight growth.