Pitman Specialised Welding Ltd

Key Facts

Net Assets

Current: £26,156

Previous: £17,095

Change: +9,061 (+53%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £100,887

Previous: £87,196

Change: +£13,691 (+15.7%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £89,350

Previous: £87,579

Change: +£1,771 (+2%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £11,630

Previous: £74

Change: +£11,556 (+15616.2%)

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

Fixed Assets

Current: £15,376

Previous: £17,984

Change: -£2,608 (-14.5%)

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.