Mj Welding & Fabrication Ltd

Key Facts

Net Assets

Current: £3,766

Previous: £3,705

Change: +61 (+1.6%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £5,487

Previous: £6,560

Change: -£1,073 (-16.4%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £25,435

Previous: £30,065

Change: -£4,630 (-15.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £5,187

Previous: £6,260

Change: -£1,073 (-17.1%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £16,482

Previous: £20,100

Change: -£3,618 (-18%)

Comment: Fixed assets reduced noticeably.

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: Not reported

Previous: Not reported

Comment: Not reported