Spiral Weld Limited

Key Facts

Net Assets

Current: £226,951

Previous: £216,756

Change: +10,195 (+4.7%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £775,493

Previous: £650,473

Change: +£125,020 (+19.2%)

Comment: Current assets grew moderately.

Cash

Current: £19,724

Previous: £75,976

Change: -£56,252 (-74%)

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

Creditors 1 Year

Current: £397,293

Previous: £259,947

Change: +£137,346 (+52.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £378,200

Previous: £390,526

Change: -£12,326 (-3.2%)

Comment: Net current assets decreased slightly.

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: 9

Previous: 13

Change: -4 (-30.8%)

Comment: A significant downsizing.