Spark Welding Services Commercial Ltd

Key Facts

Net Assets

Current: £942,453

Previous: £826,798

Change: +115,655 (+14%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £291,702

Previous: £375,631

Change: -£83,929 (-22.3%)

Comment: Current assets reduced noticeably.

Cash

Current: £77,831

Previous: £85,632

Change: -£7,801 (-9.1%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £145,992

Previous: £279,674

Change: -£133,682 (-47.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £145,710

Previous: £95,957

Change: +£49,753 (+51.8%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £796,743

Previous: £730,841

Change: +£65,902 (+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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.