The Collective Inverness Ltd

Key Facts

Net Assets

Current: £17,845

Previous: £5,524

Change: +12,321 (+223%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £98,119

Previous: £52,688

Change: +£45,431 (+86.2%)

Comment: Current assets increased significantly.

Cash

Current: £74,279

Previous: £40,634

Change: +£33,645 (+82.8%)

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

Creditors 1 Year

Current: £68,859

Previous: £50,017

Change: +£18,842 (+37.7%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £29,260

Previous: £2,671

Change: +£26,589 (+995.5%)

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: 7

Previous: 5

Change: +2 (+40%)

Comment: Strengthening the team.