WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC Financials
- Company number
- 10970848CopyCopy
- Registered office
- St Herberts Court Wellington Street, Chadderton, Oldham OL9 0JD
- Incorporated
- 19/09/2017
Company snapshot
- Status
- Active
- Employees
- 4 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-99.07%vs 20222022: £35.79K
Total Assets
-75.91%vs 20222022: £42.02K
Cash in Bank
-99.24%vs 20222022: £15.83K
Total Liabilities
60.13%vs 20222022: £4.56K
Employees
0vs 20222022: 4
In 2023, WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC reported net assets of £334.00. The same filing shows total assets of £10.12K, cash in bank of £120.00 and total liabilities of £7.29K. Reported headcount was 4 in 2023. Net Assets fell from £35.79K in 2022 to £334.00 in 2023 (-99.07%). Okredo holds filed figures for 2021–2023; 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
-99.07%from £35.79K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-98.6%vs 2021-88% a year compound (CAGR)
Cash in Bank
-99.6%vs 2021-93.4% a year compound (CAGR)
Total Assets
-78.3%vs 2021-53.4% a year compound (CAGR)
Total Liabilities
-68.5%vs 2021-43.9% a year compound (CAGR)
Employees
0%vs 2021Biggest decrease
Cash in Bank-99.6%
£27.39K in 2021 to £120.00 in 2023
Every measure that changed in WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC's filings between 2021 and 2023 fell. The steepest fall came in cash in bank, pointing to a tighter cash position, with net assets, total assets and total liabilities falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC'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
- 3.30%2023
- 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
- 72.07%2023
- 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
- 1.65%2023
- 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
- 1.19%2023
- 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 WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 23.39K | 35.79K | 334.00 |
| Total Assets£ | 46.56K | 42.02K | 10.12K |
| Cash in Bank£ | 27.39K | 15.83K | 120.00 |
| Total Liabilities£ | 23.17K | 4.56K | 7.29K |
| Employees | 4 | 4 | 4 |
WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC reported net assets of £334.00 for 2023. That compares with £35.79K in 2022, a change of -99.07%.
WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC reported total assets of £10.12K for 2023. That compares with £42.02K in 2022, a change of -75.91%.
WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC reported cash in bank of £120.00 for 2023. That compares with £15.83K in 2022, a change of -99.24%.
WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC reported 4 employees in 2023, compared with 4 in 2022.
Between 2021 and 2023, WELLBEING IMPROVEMENT FITNESS INITIATIVE NORTH WEST (WIFI NORTH WEST) CIC's net assets fell by 98.6%, cash in bank fell by 99.6%, total assets fell by 78.3% and total liabilities fell by 68.5%. Net assets contracted at 88% a year across the two years to 2023, from £23.39K to £334.00. Reported headcount went from 4 in 2021 to 4 in 2023.
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.