Pangea Welding Ltd

Key Facts

Net Assets

Current: £45,445

Previous: £51,980

Change: -6,535 (-12.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £62,077

Previous: £64,597

Change: -£2,520 (-3.9%)

Comment: Current assets decreased slightly.

Cash

Current: £5,631

Previous: £3,434

Change: +£2,197 (+64%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £16,632

Previous: £12,617

Change: +£4,015 (+31.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £45,445

Previous: £51,980

Change: -£6,535 (-12.6%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.