T Watts Scrap Metal Merchants Limited

Key Facts

Net Assets

Current: £1,507,900

Previous: £1,319,514

Change: +188,386 (+14.3%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £2,226,351

Previous: £2,074,072

Change: +£152,279 (+7.3%)

Comment: Current assets increased slightly.

Cash

Current: £1,049,869

Previous: £1,206,095

Change: -£156,226 (-13%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £5,903

Previous: £55,462

Change: -£49,559 (-89.4%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £1,200,857

Previous: £1,003,030

Change: +£197,827 (+19.7%)

Comment: Net current assets strengthened moderately.

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: 19

Previous: 20

Change: -1 (-5%)

Comment: A slight contraction.