Proof Of Concept Ltd

Key Facts

Net Assets

Current: £3,889

Previous: £28,050

Change: -24,161 (-86.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £8,974

Previous: £18,320

Change: -£9,346 (-51%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £19,825

Previous: £14,265

Change: +£5,560 (+39%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £10,535

Previous: £4,362

Change: +£6,173 (+141.5%)

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

Fixed Assets

Current: £14,606

Previous: £23,688

Change: -£9,082 (-38.3%)

Comment: Fixed assets fell 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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.