Spancity Of Norwich Swimming Clubspan

Key Facts

Net Assets

Current: £44,480

Previous: £109,901

Change: -65,421 (-59.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £166,936

Previous: £254,893

Change: -£87,957 (-34.5%)

Comment: Current assets fell significantly.

Cash

Current: £115,417

Previous: £181,880

Change: -£66,463 (-36.5%)

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

Creditors 1 Year

Current: £125,848

Previous: £147,425

Change: -£21,577 (-14.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £41,088

Previous: £107,468

Change: -£66,380 (-61.8%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £3,392

Previous: £2,433

Change: +£959 (+39.4%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.