Welch Couriers Ltd

Key Facts

Net Assets

Current: £9,188

Previous: £40

Change: +9,148 (+22870%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £3,165

Previous: £13,524

Change: -£10,359 (-76.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £15,884

Previous: £17,978

Change: -£2,094 (-11.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £12,719

Previous: £4,454

Change: +£8,265 (+185.6%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £3,531

Previous: £4,414

Change: -£883 (-20%)

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.