Fabrico Welding & Engineering Limited

Key Facts

Net Assets

Current: £2,913

Previous: £8,298

Change: -5,385 (-64.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £155,305

Previous: £114,143

Change: +£41,162 (+36.1%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £182,308

Previous: £128,212

Change: +£54,096 (+42.2%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £27,003

Previous: £14,069

Change: +£12,934 (+91.9%)

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

Fixed Assets

Current: £29,916

Previous: £24,367

Change: +£5,549 (+22.8%)

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.