Pj Welding Limited

Key Facts

Net Assets

Current: £210,033

Previous: £204,981

Change: +5,052 (+2.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £243,372

Previous: £316,015

Change: -£72,643 (-23%)

Comment: Current assets reduced noticeably.

Cash

Current: £36,428

Previous: £64,603

Change: -£28,175 (-43.6%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £28,900

Previous: £56,098

Change: -£27,198 (-48.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £176,356

Previous: £216,553

Change: -£40,197 (-18.6%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £62,577

Previous: £44,526

Change: +£18,051 (+40.5%)

Comment: Fixed assets increased significantly.

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: 20

Previous: 24

Change: -4 (-16.7%)

Comment: A noticeable staff reduction.