The Go Well Community Cic

Key Facts

Net Assets

Current: £45,065

Previous: £46,998

Change: -1,933 (-4.1%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £121,722

Previous: £156,891

Change: -£35,169 (-22.4%)

Comment: Current assets reduced noticeably.

Cash

Current: £120,367

Previous: £145,365

Change: -£24,998 (-17.2%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £82,645

Previous: £7,500

Change: +£75,145 (+1001.9%)

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

Net Current Assets Liabilities

Current: £39,077

Previous: £45,641

Change: -£6,564 (-14.4%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £8,027

Previous: £10,934

Change: -£2,907 (-26.6%)

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: 14

Previous: 15

Change: -1 (-6.7%)

Comment: A slight contraction.