Pipeline Welding Limited

Key Facts

Net Assets

Current: £22,422

Previous: £26,221

Change: -3,799 (-14.5%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £16,874

Previous: £25,118

Change: -£8,244 (-32.8%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £1,140

Previous: £7,208

Change: -£6,068 (-84.2%)

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

Net Current Assets Liabilities

Current: £15,734

Previous: £17,910

Change: -£2,176 (-12.1%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £6,688

Previous: £8,311

Change: -£1,623 (-19.5%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.