Ludex Fabrications & Welding Services Ltd

Key Facts

Net Assets

Current: £34,881

Previous: £16,048

Change: +18,833 (+117.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £45,330

Previous: £28,704

Change: +£16,626 (+57.9%)

Comment: Current assets increased significantly.

Cash

Current: £5,224

Previous: £6,076

Change: -£852 (-14%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £52,726

Previous: £33,625

Change: +£19,101 (+56.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £7,396

Previous: £4,921

Change: +£2,475 (+50.3%)

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

Fixed Assets

Current: £42,277

Previous: £20,969

Change: +£21,308 (+101.6%)

Comment: Fixed assets increased 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: 4

Previous: 1

Change: +3 (+300%)

Comment: Growing the team by 3 people.