Oaks Rise Cic

Key Facts

Net Assets

Current: £3,875

Previous: £4,548

Change: -673 (-14.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £56,703

Previous: £3,455

Change: +£53,248 (+1541.2%)

Comment: Current assets increased significantly.

Cash

Current: £34,893

Previous: £935

Change: +£33,958 (+3631.9%)

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

Creditors 1 Year

Current: £70,587

Previous: £1,205

Change: +£69,382 (+5757.8%)

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

Net Current Assets Liabilities

Current: £59,761

Previous: £2,250

Change: +£57,511 (+2556%)

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

Fixed Assets

Current: £6,951

Previous: £2,298

Change: +£4,653 (+202.5%)

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: 6

Previous: 4

Change: +2 (+50%)

Comment: Strengthening the team.