Yourbikeproject Cic

Key Facts

Net Assets

Current: £16,652

Previous: £12,133

Change: +4,519 (+37.2%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £18,589

Previous: £18,592

Change: -£3 (-0%)

Comment: Current assets decreased slightly.

Cash

Current: £3,267

Previous: £16,268

Change: -£13,001 (-79.9%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £1,940

Previous: £6,462

Change: -£4,522 (-70%)

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

Net Current Assets Liabilities

Current: £16,649

Previous: £12,130

Change: +£4,519 (+37.3%)

Comment: Net current assets increased significantly, improving 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: 7

Previous: 4

Change: +3 (+75%)

Comment: Growing the team by 3 people.