Affordable Welding Services Ltd

Key Facts

Net Assets

Current: £62,279

Previous: £71,787

Change: -9,508 (-13.2%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £92,688

Previous: £51,048

Change: +£41,640 (+81.6%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £1,401

Previous: £4,200

Change: -£2,799 (-66.6%)

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

Net Current Assets Liabilities

Current: £14,508

Previous: £21,751

Change: -£7,243 (-33.3%)

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

Fixed Assets

Current: £49,172

Previous: £54,236

Change: -£5,064 (-9.3%)

Comment: Fixed assets decreased slightly.

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.