Vas Welding Ltd

Key Facts

Net Assets

Current: £80,066

Previous: £40,062

Change: +40,004 (+99.9%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £125,882

Previous: £47,757

Change: +£78,125 (+163.6%)

Comment: Current assets increased significantly.

Cash

Current: £71,568

Previous: £12,005

Change: +£59,563 (+496.2%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £36,432

Previous: £7,695

Change: +£28,737 (+373.5%)

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

Net Current Assets Liabilities

Current: £89,450

Previous: £40,062

Change: +£49,388 (+123.3%)

Comment: Net current assets rose sharply, indicating a strong improvement 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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.