Redwing Contemporary Art Cic

Key Facts

Net Assets

Current: £28,132

Previous: £24,267

Change: +3,865 (+15.9%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £31,632

Previous: £29,356

Change: +£2,276 (+7.8%)

Comment: Current assets increased slightly.

Cash

Current: £21,837

Previous: £5,162

Change: +£16,675 (+323%)

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

Creditors 1 Year

Current: £13,806

Previous: £1,998

Change: +£11,808 (+591%)

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

Net Current Assets Liabilities

Current: £16,441

Previous: £13,462

Change: +£2,979 (+22.1%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £25,497

Previous: £12,803

Change: +£12,694 (+99.1%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.