Jab Welding Services Limited

Key Facts

Net Assets

Current: £398

Previous: £5,548

Change: -5,150 (-92.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £52,243

Previous: £33,997

Change: +£18,246 (+53.7%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £53,551

Previous: £41,549

Change: +£12,002 (+28.9%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £1,247

Previous: £4,513

Change: -£3,266 (-72.4%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £4,436

Previous: £10,061

Change: -£5,625 (-55.9%)

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: 2

Previous: 3

Change: -1 (-33.3%)

Comment: Lost a team member.