Quay Welding Services Ltd

Key Facts

Net Assets

Current: £44,840

Previous: £2,649

Change: +42,191 (+1592.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £203,368

Previous: £146,900

Change: +£56,468 (+38.4%)

Comment: Current assets increased significantly.

Cash

Current: £145,699

Previous: £90,190

Change: +£55,509 (+61.5%)

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

Creditors 1 Year

Current: £162,505

Previous: £146,328

Change: +£16,177 (+11.1%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £40,863

Previous: £572

Change: +£40,291 (+7043.9%)

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

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.