On Site Welding Services Ltd

Key Facts

Net Assets

Current: £157,435

Previous: £114,343

Change: +43,092 (+37.7%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £153,833

Previous: £97,193

Change: +£56,640 (+58.3%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £31,812

Previous: £15,095

Change: +£16,717 (+110.7%)

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

Net Current Assets Liabilities

Current: £123,500

Previous: £83,657

Change: +£39,843 (+47.6%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £35,631

Previous: £32,382

Change: +£3,249 (+10%)

Comment: Fixed assets grew steadily.

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.