Spansciaky Electric Welding Machines Limitedspan

Key Facts

Net Assets

Current: £282,496

Previous: £209,676

Change: +72,820 (+34.7%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £682,616

Previous: £763,933

Change: -£81,317 (-10.6%)

Comment: Current assets reduced noticeably.

Cash

Current: £109,936

Previous: £133,913

Change: -£23,977 (-17.9%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £452,231

Previous: £614,420

Change: -£162,189 (-26.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £230,385

Previous: £149,513

Change: +£80,872 (+54.1%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £52,111

Previous: £60,163

Change: -£8,052 (-13.4%)

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: 16

Previous: 15

Change: +1 (+6.7%)

Comment: Slight growth.