Free In Recovery Cic

Key Facts

Net Assets

Current: £3

Previous: £56

Change: -53 (-94.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £17,690

Previous: £205

Change: +£17,485 (+8529.3%)

Comment: Current assets increased significantly.

Cash

Current: £17,690

Previous: £205

Change: +£17,485 (+8529.3%)

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

Creditors 1 Year

Current: £17,693

Previous: £261

Change: +£17,432 (+6678.9%)

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

Net Current Assets Liabilities

Current: £17,690

Previous: £205

Change: +£17,485 (+8529.3%)

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

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: Not reported

Previous: Not reported

Comment: Not reported