What were the total current liabilities for C12 Group in 2023?

According to C12 Group's 2025 Franchise Disclosure Document, the total current liabilities for the company in 2023 were $778,831. This figure represents the sum of several short-term financial obligations, including accounts payable, accrued liabilities, unearned revenue, and the current portion of right-of-use operating lease liabilities. These are debts or obligations that C12 Group is expected to settle within one year.

For a prospective franchisee, understanding the current liabilities of C12 Group can provide insight into the company's short-term financial health and its ability to meet its immediate obligations. A high level of current liabilities relative to current assets might indicate potential liquidity issues, whereas a lower level could suggest a stronger short-term financial position. It is important to note that these liabilities do not directly impact the franchisee's business operations but rather reflect the financial obligations of the C12 Group itself.

In addition to the total current liabilities, the FDD also breaks down the specific components, such as accounts payable ($259,919), accrued liabilities ($147,458), unearned revenue ($238,717), and the current portion of right-of-use operating lease liabilities ($132,737). Reviewing these individual figures can offer a more detailed understanding of the types of short-term obligations C12 Group has and how they contribute to the overall current liability amount. This information is valuable for assessing the financial stability of C12 Group as a franchisor.