Simpson Pipe Welding Ltd

Key Facts

Net Assets

Current: £14,172

Previous: £31,379

Change: -17,207 (-54.8%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £42,601

Previous: £65,497

Change: -£22,896 (-35%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £29,235

Previous: £15,276

Change: +£13,959 (+91.4%)

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

Net Current Assets Liabilities

Current: £1,097

Previous: £5,951

Change: -£4,854 (-81.6%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £42,310

Previous: £40,704

Change: +£1,606 (+3.9%)

Comment: Fixed assets increased slightly.

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: 6

Change: +0 (+0%)

Comment: No change in team size.