Lamba Welding Systems Limited

Key Facts

Net Assets

Current: £734,089

Previous: £849,713

Change: -115,624 (-13.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £553,405

Previous: £671,916

Change: -£118,511 (-17.6%)

Comment: Current assets reduced noticeably.

Cash

Current: £182,570

Previous: £348,086

Change: -£165,516 (-47.6%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £58,106

Previous: £94,153

Change: -£36,047 (-38.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £495,299

Previous: £577,763

Change: -£82,464 (-14.3%)

Comment: Net current assets weakened noticeably.

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: 10

Previous: 11

Change: -1 (-9.1%)

Comment: A slight contraction.