Lincoln Welding Supplies Ltd

Key Facts

Net Assets

Current: £627,562

Previous: £736,819

Change: -109,257 (-14.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £885,308

Previous: £1,148,681

Change: -£263,373 (-22.9%)

Comment: Current assets reduced noticeably.

Cash

Current: £57,939

Previous: £39,806

Change: +£18,133 (+45.6%)

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

Creditors 1 Year

Current: £315,653

Previous: £461,471

Change: -£145,818 (-31.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £569,655

Previous: £687,210

Change: -£117,555 (-17.1%)

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: 11

Previous: 11

Change: +0 (+0%)

Comment: No meaningful change.