Ktm Welding & Fabrications Ltd

Key Facts

Net Assets

Current: £350,109

Previous: £445,456

Change: -95,347 (-21.4%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £355,817

Previous: £624,778

Change: -£268,961 (-43%)

Comment: Current assets fell significantly.

Cash

Current: £145,520

Previous: £97,631

Change: +£47,889 (+49.1%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £176,276

Previous: £184,937

Change: -£8,661 (-4.7%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £142,277

Previous: £4,298

Change: +£137,979 (+3210.3%)

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

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: 9

Previous: 9

Change: +0 (+0%)

Comment: No change in team size.