Jbf Welding & Fabrication Limited

Key Facts

Net Assets

Current: £6,655

Previous: £166

Change: +6,489 (+3909%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £35,069

Previous: £47,090

Change: -£12,021 (-25.5%)

Comment: Current assets reduced noticeably.

Cash

Current: £2,415

Previous: £19,103

Change: -£16,688 (-87.4%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £55,573

Previous: £5,215

Change: +£50,358 (+965.6%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £20,504

Previous: £10,912

Change: +£9,592 (+87.9%)

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

Fixed Assets

Current: £13,849

Previous: £16,293

Change: -£2,444 (-15%)

Comment: Fixed assets reduced noticeably.

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.