Gtr Welding Services Limited

Key Facts

Net Assets

Current: £603,092

Previous: £569,764

Change: +33,328 (+5.8%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £724,555

Previous: £640,873

Change: +£83,682 (+13.1%)

Comment: Current assets grew moderately.

Cash

Current: £197,608

Previous: £96,525

Change: +£101,083 (+104.7%)

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

Creditors 1 Year

Current: £36,283

Previous: £57,269

Change: -£20,986 (-36.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £431,563

Previous: £399,012

Change: +£32,551 (+8.2%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £257,420

Previous: £284,300

Change: -£26,880 (-9.5%)

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: 7

Previous: 7

Change: +0 (+0%)

Comment: No change in team size.