Avs Pipe Welding Fabrications Ltd

Key Facts

Net Assets

Current: £167,785

Previous: £222,534

Change: -54,749 (-24.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £196,476

Previous: £212,333

Change: -£15,857 (-7.5%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £98,477

Previous: £140,191

Change: -£41,714 (-29.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £119,232

Previous: £72,142

Change: +£47,090 (+65.3%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £147,030

Previous: £150,392

Change: -£3,362 (-2.2%)

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: 2

Change: +0 (+0%)

Comment: No change in team size.