Specialist Welding Solutions Limited

Key Facts

Net Assets

Current: £50,798

Previous: £39,922

Change: +10,876 (+27.2%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £5,206

Previous: £12,000

Change: -£6,794 (-56.6%)

Comment: Current assets fell significantly.

Cash

Current: £880

Previous: £2,910

Change: -£2,030 (-69.8%)

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

Creditors 1 Year

Current: £44,305

Previous: £37,835

Change: +£6,470 (+17.1%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £39,099

Previous: £25,835

Change: +£13,264 (+51.3%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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.