Engineering And Welding Consultants Limited

Key Facts

Net Assets

Current: £46,763

Previous: £78,738

Change: -31,975 (-40.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £48,530

Previous: £88,156

Change: -£39,626 (-44.9%)

Comment: Current assets fell significantly.

Cash

Current: £48,152

Previous: £75,218

Change: -£27,066 (-36%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £2,651

Previous: £10,665

Change: -£8,014 (-75.1%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £45,879

Previous: £77,491

Change: -£31,612 (-40.8%)

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

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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.