Inductotherm Heating & Welding Limited

Key Facts

Net Assets

Current: £8,687,703

Previous: £8,766,232

Change: -78,529 (-0.9%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £11,556,948

Previous: £11,423,825

Change: +£133,123 (+1.2%)

Comment: Current assets increased slightly.

Cash

Current: £3,523,715

Previous: £2,657,922

Change: +£865,793 (+32.6%)

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

Creditors 1 Year

Current: £4,242,522

Previous: £3,595,310

Change: +£647,212 (+18%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £7,314,426

Previous: £7,828,515

Change: -£514,089 (-6.6%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £1,917,118

Previous: £1,810,846

Change: +£106,272 (+5.9%)

Comment: Fixed assets increased 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: 62

Previous: 63

Change: -1 (-1.6%)

Comment: A slight contraction.