Mpf Coded Welding Services Limited

Key Facts

Net Assets

Current: £993

Previous: £3,023

Change: -2,030 (-67.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £7,495

Previous: £15,515

Change: -£8,020 (-51.7%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £5,787

Previous: £12,449

Change: -£6,662 (-53.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £14,216

Previous: £9,732

Change: +£4,484 (+46.1%)

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

Fixed Assets

Current: £20,996

Previous: £25,204

Change: -£4,208 (-16.7%)

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.