Plant Welding And Engineering Limited

Key Facts

Net Assets

Current: £558,549

Previous: £633,852

Change: -75,303 (-11.9%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £776,235

Previous: £902,778

Change: -£126,543 (-14%)

Comment: Current assets reduced noticeably.

Cash

Current: £103,567

Previous: £54,225

Change: +£49,342 (+91%)

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

Creditors 1 Year

Current: £323,515

Previous: £379,023

Change: -£55,508 (-14.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £452,720

Previous: £523,755

Change: -£71,035 (-13.6%)

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: 27

Previous: 23

Change: +4 (+17.4%)

Comment: Solid growth.