Alum8 Specialist Welding Limited

Key Facts

Net Assets

Current: £900,284

Previous: £858,083

Change: +42,201 (+4.9%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £279,656

Previous: £420,120

Change: -£140,464 (-33.4%)

Comment: Current assets fell significantly.

Cash

Current: £237,610

Previous: £416,368

Change: -£178,758 (-42.9%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £80,722

Previous: £163,076

Change: -£82,354 (-50.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £198,934

Previous: £257,044

Change: -£58,110 (-22.6%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £701,350

Previous: £601,039

Change: +£100,311 (+16.7%)

Comment: Fixed assets grew steadily.

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: 14

Previous: 13

Change: +1 (+7.7%)

Comment: Slight growth.