FERMANAGH RURAL COMMUNITY INITIATIVE Financials
- Company number
- NI026294CopyCopy
- Registered office
- Unit 3, 56a Tempo Road, Enniskillen, Co Fermanagh BT74 6HR
- Incorporated
- 05/02/1992
Company snapshot
- Status
- Active
- Employees
- 9 (2025)
- Latest financial data
- 2025
- Accounts type
- Micro Entity
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2025.
Net Assets
2024: £9.49K
Total Assets
2024: £37.48K
Cash in Bank
2021: £9.94K
Total Liabilities
2024: £6.05K
Employees
2024: 9
In 2025, FERMANAGH RURAL COMMUNITY INITIATIVE reported net assets of £2.43K. The same filing shows total assets of £33.74K, cash in bank of £22.92K and total liabilities of £17.74K. Reported headcount was 9 in 2025. Cash in Bank rose from £9.94K in 2021 to £22.92K in 2022 (130.59%). Okredo holds filed figures for 2021–2025; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
Year-on-year change
Net Assets as filed for 2021–2025. Every figure in this chart is also in the financial history table.
3-year financial trend (2023–2025)
How the figures FERMANAGH RURAL COMMUNITY INITIATIVE filed moved across the three reported years 2023, 2024 and 2025 — measured end to end rather than year on year.
Net Assets
-72.6% a year compound (CAGR)
Total Assets
-8.5% a year compound (CAGR)
Total Liabilities
+50.1% a year compound (CAGR)
Employees
Biggest increase
Total Liabilities+125%
£7.87K in 2023 to £17.74K in 2025
Biggest decrease
Net Assets-92.5%
£32.45K in 2023 to £2.43K in 2025
FERMANAGH RURAL COMMUNITY INITIATIVE's filings pull in both directions between 2023 and 2025. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FERMANAGH RURAL COMMUNITY INITIATIVE's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 7.20%2025
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 52.57%2025
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 305.94%2022
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 28.09%2022
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FERMANAGH RURAL COMMUNITY INITIATIVE by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Net Assets£ | 63.62K | 56.95K | 32.45K | 9.49K | 2.43K |
| Total Assets£ | 98.72K | 81.58K | 40.32K | 37.48K | 33.74K |
| Cash in Bank£ | 9.94K | 22.92K | – | – | – |
| Total Liabilities£ | 4.45K | 7.49K | 7.87K | 6.05K | 17.74K |
| Employees | 7 | 9 | 9 | 9 | 9 |
FERMANAGH RURAL COMMUNITY INITIATIVE financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FERMANAGH RURAL COMMUNITY INITIATIVE covering 2021–2025, across 5 reported indicators. The most recent reported year is 2025.
FERMANAGH RURAL COMMUNITY INITIATIVE reported net assets of £2.43K for 2025. That compares with £9.49K in 2024, a change of -74.39%.
FERMANAGH RURAL COMMUNITY INITIATIVE reported total assets of £33.74K for 2025. That compares with £37.48K in 2024, a change of -9.99%.
FERMANAGH RURAL COMMUNITY INITIATIVE reported cash in bank of £22.92K for 2022. That compares with £9.94K in 2021, a change of 130.59%.
FERMANAGH RURAL COMMUNITY INITIATIVE reported 9 employees in 2025, compared with 9 in 2024.
Between 2023 and 2025, FERMANAGH RURAL COMMUNITY INITIATIVE's net assets fell by 92.5%, total assets fell by 16.3%, total liabilities rose by 125% and employee numbers was unchanged. Net assets contracted at 72.6% a year across the two years to 2025, from £32.45K to £2.43K. Reported headcount went from 9 in 2023 to 9 in 2025.
Okredo holds reported figures for the years 2021, 2022, 2023, 2024, 2025. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.