Drs Welding Services Limited

Key Facts

Net Assets

Current: £169,622

Previous: £208,670

Change: -39,048 (-18.7%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £230,987

Previous: £211,116

Change: +£19,871 (+9.4%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £62,573

Previous: £3,654

Change: +£58,919 (+1612.5%)

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

Net Current Assets Liabilities

Current: £168,414

Previous: £207,462

Change: -£39,048 (-18.8%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £1,208

Previous: £1,208

Change: +£0 (+0%)

Comment: No change in fixed assets.

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.