S P A Welding Supplies Limited

Key Facts

Net Assets

Current: £1,067,117

Previous: £1,001,690

Change: +65,427 (+6.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £1,484,538

Previous: £1,597,267

Change: -£112,729 (-7.1%)

Comment: Current assets decreased slightly.

Cash

Current: £494,957

Previous: £828,634

Change: -£333,677 (-40.3%)

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

Creditors 1 Year

Current: £477,530

Previous: £693,418

Change: -£215,888 (-31.1%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £1,007,008

Previous: £903,849

Change: +£103,159 (+11.4%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £76,897

Previous: £97,841

Change: -£20,944 (-21.4%)

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: 10

Previous: 11

Change: -1 (-9.1%)

Comment: A slight contraction.