Northants Welding Supplies Ltd

Key Facts

Net Assets

Current: £1,046,057

Previous: £1,048,292

Change: -2,235 (-0.2%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £614,881

Previous: £702,935

Change: -£88,054 (-12.5%)

Comment: Current assets reduced noticeably.

Cash

Current: £95,644

Previous: £28,949

Change: +£66,695 (+230.4%)

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

Creditors 1 Year

Current: £226,031

Previous: £335,938

Change: -£109,907 (-32.7%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £388,850

Previous: £366,997

Change: +£21,853 (+6%)

Comment: Net current assets improved slightly.

Fixed Assets

Current: £678,784

Previous: £702,872

Change: -£24,088 (-3.4%)

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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.