C J Smith Welding Limited

Key Facts

Net Assets

Current: £181,911

Previous: £290,548

Change: -108,637 (-37.4%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £200,921

Previous: £306,424

Change: -£105,503 (-34.4%)

Comment: Current assets fell significantly.

Cash

Current: £47,160

Previous: £40,185

Change: +£6,975 (+17.4%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £39,134

Previous: £44,672

Change: -£5,538 (-12.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £161,787

Previous: £261,752

Change: -£99,965 (-38.2%)

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

Fixed Assets

Current: £27,004

Previous: £34,311

Change: -£7,307 (-21.3%)

Comment: Fixed assets reduced noticeably.

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: 3

Change: +0 (+0%)

Comment: No change in team size.