Poole Watersports Library Cic

Key Facts

Net Assets

Current: £6,790

Previous: £11,692

Change: -4,902 (-41.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £808

Previous: £2,507

Change: -£1,699 (-67.8%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £3

Previous: £2,507

Change: -£2,504 (-99.9%)

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

Creditors 1 Year

Current: £4,273

Previous: £4,487

Change: -£214 (-4.8%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £3,465

Previous: £1,980

Change: +£1,485 (+75%)

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

Fixed Assets

Current: £10,255

Previous: £13,672

Change: -£3,417 (-25%)

Comment: Fixed assets reduced noticeably.

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: 2

Comment: Not reported