Db Site Welding Services Limited

Key Facts

Net Assets

Current: £1

Previous: £17,463

Change: -17,462 (-100%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £42,544

Previous: £33,703

Change: +£8,841 (+26.2%)

Comment: Current assets grew moderately.

Cash

Current: £9,344

Previous: £2,145

Change: +£7,199 (+335.6%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £437

Previous: £3,680

Change: -£3,243 (-88.1%)

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

Net Current Assets Liabilities

Current: £22,132

Previous: £3,676

Change: +£18,456 (+502.1%)

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

Fixed Assets

Current: £30,093

Previous: £30,641

Change: -£548 (-1.8%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.