Ross Welding Supplies Limited

Key Facts

Net Assets

Current: £12,568

Previous: £1,202

Change: +11,366 (+945.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £5,580

Previous: £47,711

Change: -£42,131 (-88.3%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £2,135

Previous: £20,483

Change: -£18,348 (-89.6%)

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

Creditors 1 Year

Current: £1

Previous: £21,076

Change: -£21,075 (-100%)

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

Net Current Assets Liabilities

Current: £29,924

Previous: £789

Change: +£29,135 (+3692.6%)

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

Fixed Assets

Current: £17,357

Previous: £23,067

Change: -£5,710 (-24.8%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.