Pipe Weld Fabrications Services Limited

Key Facts

Net Assets

Current: £45,076

Previous: £35,635

Change: +9,441 (+26.5%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

Cash

Current: £16

Previous: £784

Change: -£768 (-98%)

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

Creditors 1 Year

Current: £30,645

Previous: £20,046

Change: +£10,599 (+52.9%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £30,629

Previous: £19,262

Change: +£11,367 (+59%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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.