Welding & Industrial Supplies Limited

Key Facts

Net Assets

Current: £309,186

Previous: £178,178

Change: +131,008 (+73.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £687,814

Previous: £637,456

Change: +£50,358 (+7.9%)

Comment: Current assets increased slightly.

Cash

Current: £61,672

Previous: £124,650

Change: -£62,978 (-50.5%)

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

Creditors 1 Year

Current: £433,974

Previous: £508,730

Change: -£74,756 (-14.7%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £253,840

Previous: £128,726

Change: +£125,114 (+97.2%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

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: 10

Previous: 7

Change: +3 (+42.9%)

Comment: Growing the team by 3 people.