Gedling Welding Services Ltd

Key Facts

Net Assets

Current: £277,089

Previous: £270,517

Change: +6,572 (+2.4%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £335,804

Previous: £421,495

Change: -£85,691 (-20.3%)

Comment: Current assets reduced noticeably.

Cash

Current: £4,146

Previous: £83,030

Change: -£78,884 (-95%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £45,776

Previous: £137,722

Change: -£91,946 (-66.8%)

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

Net Current Assets Liabilities

Current: £290,028

Previous: £283,773

Change: +£6,255 (+2.2%)

Comment: Net current assets improved slightly.

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.