Piling & Welding Construction Limited

Key Facts

Net Assets

Current: £79,484

Previous: £127,162

Change: -47,678 (-37.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £96,199

Previous: £137,364

Change: -£41,165 (-30%)

Comment: Current assets reduced noticeably.

Cash

Current: £84,566

Previous: £129,125

Change: -£44,559 (-34.5%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £44,753

Previous: £47,112

Change: -£2,359 (-5%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £51,446

Previous: £90,252

Change: -£38,806 (-43%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £28,038

Previous: £36,910

Change: -£8,872 (-24%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.