Express Cutting & Welding Services Limited

Key Facts

Net Assets

Current: £645,401

Previous: £651,707

Change: -6,306 (-1%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £929,544

Previous: £913,557

Change: +£15,987 (+1.7%)

Comment: Current assets increased slightly.

Cash

Current: £209,731

Previous: £177,023

Change: +£32,708 (+18.5%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £365,494

Previous: £336,958

Change: +£28,536 (+8.5%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £564,050

Previous: £576,599

Change: -£12,549 (-2.2%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £124,220

Previous: £144,153

Change: -£19,933 (-13.8%)

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: 15

Previous: 16

Change: -1 (-6.3%)

Comment: A slight contraction.