Spectrum Welding Supplies Limited

Key Facts

Net Assets

Current: £1,680,471

Previous: £1,588,389

Change: +92,082 (+5.8%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £416,129

Previous: £628,510

Change: -£212,381 (-33.8%)

Comment: Current assets fell significantly.

Cash

Current: £16,443

Previous: £127,483

Change: -£111,040 (-87.1%)

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

Creditors 1 Year

Current: £387,395

Previous: £408,625

Change: -£21,230 (-5.2%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £34,132

Previous: £206,167

Change: -£172,035 (-83.4%)

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.