Coded Welding Wolverhampton Limited

Key Facts

Net Assets

Current: £85,547

Previous: £5,635

Change: +79,912 (+1418.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £132,222

Previous: £103,104

Change: +£29,118 (+28.2%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £44,944

Previous: £8,837

Change: +£36,107 (+408.6%)

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

Net Current Assets Liabilities

Current: £87,278

Previous: £14,568

Change: +£72,710 (+499.1%)

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

Fixed Assets

Current: £682

Previous: £904

Change: -£222 (-24.6%)

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: 5

Change: -2 (-40%)

Comment: Trimmed the team by 2 people.