Joe Mcdonald Welding Limited

Key Facts

Net Assets

Current: £1,735

Previous: £1,210

Change: +525 (+43.4%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £18,872

Previous: £7,349

Change: +£11,523 (+156.8%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £17,137

Previous: £6,139

Change: +£10,998 (+179.1%)

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

Net Current Assets Liabilities

Current: £1,735

Previous: £1,210

Change: +£525 (+43.4%)

Comment: Net current assets increased significantly, improving 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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.