D Morgan Welding Limited

Key Facts

Net Assets

Current: £608

Previous: £2,405

Change: -1,797 (-74.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £12,202

Previous: £34,152

Change: -£21,950 (-64.3%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: £7,903

Comment: Not reported

Creditors 1 Year

Current: £16,537

Previous: £37,713

Change: -£21,176 (-56.2%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £4,335

Previous: £3,561

Change: +£774 (+21.7%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 4

Previous: 6

Change: -2 (-33.3%)

Comment: Trimmed the team by 2 people.