Code Arc Welding Services Ltd

Key Facts

Net Assets

Current: £16,046

Previous: £561

Change: +15,485 (+2760.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £9,188

Previous: £5,070

Change: +£4,118 (+81.2%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £6,288

Previous: £11,365

Change: -£5,077 (-44.7%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,900

Previous: £6,295

Change: -£3,395 (-53.9%)

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

Fixed Assets

Current: £13,146

Previous: £8,375

Change: +£4,771 (+57%)

Comment: Fixed assets increased significantly.

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.