Studfast Stud Welding Limited

Key Facts

Net Assets

Current: £92,244

Previous: £120,158

Change: -27,914 (-23.2%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £120,313

Previous: £155,939

Change: -£35,626 (-22.8%)

Comment: Current assets reduced noticeably.

Cash

Current: £17,595

Previous: £17,302

Change: +£293 (+1.7%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £30,738

Previous: £64,608

Change: -£33,870 (-52.4%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £68,273

Previous: £91,331

Change: -£23,058 (-25.2%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £61,219

Previous: £28,827

Change: +£32,392 (+112.4%)

Comment: Fixed assets increased significantly.

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.