Torbay Furniture Project Cic

Key Facts

Net Assets

Current: £65

Previous: £153

Change: -88 (-57.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £528

Previous: £506

Change: +£22 (+4.3%)

Comment: Current assets increased slightly.

Cash

Current: £528

Previous: £506

Change: +£22 (+4.3%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £593

Previous: £353

Change: +£240 (+68%)

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

Net Current Assets Liabilities

Current: £65

Previous: £153

Change: -£88 (-57.5%)

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

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.