Chaingang Access Welding Ltd

Key Facts

Net Assets

Current: £128

Previous: £758

Change: -630 (-83.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £5,834

Previous: £13,876

Change: -£8,042 (-58%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £6,967

Previous: £3,208

Change: +£3,759 (+117.2%)

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

Net Current Assets Liabilities

Current: £757

Previous: £2,859

Change: -£2,102 (-73.5%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £885

Previous: £1,107

Change: -£222 (-20.1%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.