Welch Fitness Ltd

Key Facts

Net Assets

Current: £553

Previous: £4,683

Change: -4,130 (-88.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £7,704

Previous: £12,141

Change: -£4,437 (-36.5%)

Comment: Current assets fell significantly.

Cash

Current: £3,503

Previous: £7,792

Change: -£4,289 (-55%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £23,689

Previous: £26,123

Change: -£2,434 (-9.3%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £15,985

Previous: £13,982

Change: +£2,003 (+14.3%)

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: 3

Previous: 2

Change: +1 (+50%)

Comment: Added a helper.