Protec Welding Services Limited

Key Facts

Net Assets

Current: £22,414

Previous: £6,764

Change: +15,650 (+231.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £25,480

Previous: £900

Change: +£24,580 (+2731.1%)

Comment: Current assets increased significantly.

Cash

Current: £24,580

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £14,036

Previous: £7,224

Change: +£6,812 (+94.3%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £11,444

Previous: £6,324

Change: +£5,120 (+81%)

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

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: 2

Previous: 2.00

Change: +0 (+0%)

Comment: No change in team size.