Wayne Parsons Welding Services Ltd

Key Facts

Net Assets

Current: £1,088

Previous: £1,275

Change: -187 (-14.7%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £30,445

Previous: £24,203

Change: +£6,242 (+25.8%)

Comment: Current assets grew moderately.

Cash

Current: £703

Previous: £2,336

Change: -£1,633 (-69.9%)

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

Creditors 1 Year

Current: £31,109

Previous: £22,967

Change: +£8,142 (+35.5%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £664

Previous: £1,236

Change: -£572 (-46.3%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £7,130

Previous: £8,966

Change: -£1,836 (-20.5%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.