S Packwood Welding Limited

Key Facts

Net Assets

Current: £12,907

Previous: £12,262

Change: +645 (+5.3%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £13,568

Previous: £12,748

Change: +£820 (+6.4%)

Comment: Current assets increased slightly.

Cash

Current: £13,568

Previous: £12,748

Change: +£820 (+6.4%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £6,456

Previous: £9,136

Change: -£2,680 (-29.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £7,112

Previous: £3,612

Change: +£3,500 (+96.9%)

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

Fixed Assets

Current: £5,795

Previous: £8,650

Change: -£2,855 (-33%)

Comment: Fixed assets fell significantly.

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: Not reported

Comment: Not reported