The Ark On The Clyde Cic

Key Facts

Net Assets

Current: £26,366

Previous: £28,963

Change: -2,597 (-9%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £5,978

Previous: £2,767

Change: +£3,211 (+116%)

Comment: Current assets increased significantly.

Cash

Current: £5,081

Previous: £265

Change: +£4,816 (+1817.4%)

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

Creditors 1 Year

Current: £500

Previous: £16,603

Change: -£16,103 (-97%)

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

Net Current Assets Liabilities

Current: £5,807

Previous: £13,836

Change: -£8,029 (-58%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £13,285

Previous: £18,217

Change: -£4,932 (-27.1%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.