Kelvik Welding Ltd

Key Facts

Net Assets

Current: £387,222

Previous: £328,884

Change: +58,338 (+17.7%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £199,961

Previous: £182,849

Change: +£17,112 (+9.4%)

Comment: Current assets increased slightly.

Cash

Current: £150,764

Previous: £161,333

Change: -£10,569 (-6.6%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £24,055

Previous: £40,416

Change: -£16,361 (-40.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £149,794

Previous: £107,396

Change: +£42,398 (+39.5%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £261,483

Previous: £261,904

Change: -£421 (-0.2%)

Comment: Fixed assets decreased slightly.

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: 5

Previous: Not reported

Comment: Not reported