South Shields Surf Cic

Key Facts

Net Assets

Current: £6,736

Previous: £2,941

Change: +3,795 (+129%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £15,784

Previous: £11,271

Change: +£4,513 (+40%)

Comment: Current assets increased significantly.

Cash

Current: £13,435

Previous: £9,685

Change: +£3,750 (+38.7%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £11,820

Previous: £15,078

Change: -£3,258 (-21.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £3,964

Previous: £3,807

Change: +£157 (+4.1%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £11,851

Previous: £15,802

Change: -£3,951 (-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: 27

Previous: 26

Change: +1 (+3.8%)

Comment: Slight growth.