Romak Welding And Fabrications Ltd

Key Facts

Net Assets

Current: £3,825

Previous: £3,846

Change: -21 (-0.5%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £15,825

Previous: £11,886

Change: +£3,939 (+33.1%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £3,988

Previous: £21,913

Change: -£17,925 (-81.8%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £8,584

Previous: £10,027

Change: -£1,443 (-14.4%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £16,879

Previous: £14,285

Change: +£2,594 (+18.2%)

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: Not reported

Previous: Not reported

Comment: Not reported