Kb Welding Services Ltd

Key Facts

Net Assets

Current: £8,387

Previous: £15,312

Change: -6,925 (-45.2%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £8,983

Previous: £4,184

Change: +£4,799 (+114.7%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £42,192

Previous: £54,828

Change: -£12,636 (-23%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £5,205

Previous: £1,534

Change: +£3,671 (+239.3%)

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

Fixed Assets

Current: £28,600

Previous: £41,050

Change: -£12,450 (-30.3%)

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: 1.00

Change: +0 (+0%)

Comment: No change in team size.