Westgate Welding Limited

Key Facts

Net Assets

Current: £23,132

Previous: £22,847

Change: +285 (+1.2%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £11,343

Previous: £5,145

Change: +£6,198 (+120.5%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £10,258

Previous: £3,017

Change: +£7,241 (+240%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £1,085

Previous: £2,128

Change: -£1,043 (-49%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £22,047

Previous: £20,719

Change: +£1,328 (+6.4%)

Comment: Fixed assets increased slightly.

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.