G T Welding Limited

Key Facts

Net Assets

Current: £4,830

Previous: £7,530

Change: -2,700 (-35.9%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £17,770

Previous: £17,635

Change: +£135 (+0.8%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £21,410

Previous: £24,074

Change: -£2,664 (-11.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £3,640

Previous: £6,439

Change: -£2,799 (-43.5%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £6

Previous: £6

Change: +£0 (+0%)

Comment: No change in fixed assets.

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.