Ravenscroft Basildon Residents Association Limited

Key Facts

Net Assets

Current: £11,324

Previous: £1,874

Change: +9,450 (+504.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £14,324

Previous: £6,231

Change: +£8,093 (+129.9%)

Comment: Current assets increased significantly.

Cash

Current: £3,887

Previous: £6,231

Change: -£2,344 (-37.6%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £3,000

Previous: £8,105

Change: -£5,105 (-63%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £11,324

Previous: £1,874

Change: +£9,450 (+504.3%)

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