Morse Welding Supplies Limited

Key Facts

Net Assets

Current: £43,991

Previous: £31,091

Change: +12,900 (+41.5%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £66,660

Previous: £70,333

Change: -£3,673 (-5.2%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £1,538

Previous: £10,091

Change: -£8,553 (-84.8%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £41,820

Previous: £19,822

Change: +£21,998 (+111%)

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

Fixed Assets

Current: £2,094

Previous: £1,674

Change: +£420 (+25.1%)

Comment: Fixed assets grew steadily.

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.