Sparks Welding Co Ltd

Key Facts

Net Assets

Current: £392

Previous: £6,228

Change: -5,836 (-93.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £11,325

Previous: £6,507

Change: +£4,818 (+74%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £9,879

Previous: £776

Change: +£9,103 (+1173.1%)

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

Net Current Assets Liabilities

Current: £1,446

Previous: £7,283

Change: -£5,837 (-80.1%)

Comment: Net current assets dropped sharply, indicating a major decline 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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.