Gk Welding Services Ltd

Key Facts

Net Assets

Current: £45,704

Previous: £36,129

Change: +9,575 (+26.5%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £44,558

Previous: £28,688

Change: +£15,870 (+55.3%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £7,380

Previous: £2,998

Change: +£4,382 (+146.2%)

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

Net Current Assets Liabilities

Current: £37,178

Previous: £22,665

Change: +£14,513 (+64%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £8,626

Previous: £16,562

Change: -£7,936 (-47.9%)

Comment: Fixed assets fell significantly.

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.