Nolan Welding Engr Ltd

Key Facts

Net Assets

Current: £2,893

Previous: £109

Change: +2,784 (+2554.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £10,789

Previous: £13,010

Change: -£2,221 (-17.1%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £7,937

Previous: £13,069

Change: -£5,132 (-39.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,852

Previous: £59

Change: +£2,793 (+4733.9%)

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

Fixed Assets

Current: £75

Previous: £202

Change: -£127 (-62.9%)

Comment: Fixed assets fell significantly.

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.