Banks Welding Services Limited

Key Facts

Net Assets

Current: £277,716

Previous: £174,105

Change: +103,611 (+59.5%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Cash

Current: £540,608

Previous: £414,646

Change: +£125,962 (+30.4%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £322,362

Previous: £256,893

Change: +£65,469 (+25.5%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £218,246

Previous: £157,753

Change: +£60,493 (+38.3%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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.