True Weld Limited

Key Facts

Net Assets

Current: £293

Previous: £352

Change: -59 (-16.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £1,868

Previous: £1,349

Change: +£519 (+38.5%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £2,545

Previous: £2,720

Change: -£175 (-6.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £677

Previous: £1,918

Change: -£1,241 (-64.7%)

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

Fixed Assets

Current: £970

Previous: £1,154

Change: -£184 (-15.9%)

Comment: Fixed assets reduced noticeably.

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.