Rf Welding Limited

Key Facts

Net Assets

Current: £86,977

Previous: £3,419

Change: +83,558 (+2443.9%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £60,825

Previous: £73,872

Change: -£13,047 (-17.7%)

Comment: Current assets reduced noticeably.

Cash

Current: £6

Previous: £69

Change: -£63 (-91.3%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £18,607

Previous: £20,992

Change: -£2,385 (-11.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £112,716

Previous: £4,689

Change: +£108,027 (+2303.8%)

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: 6

Previous: 7

Change: -1 (-14.3%)

Comment: Lost a team member.