Weld Mech Installations Ltd

Key Facts

Net Assets

Current: £18,384

Previous: £9,527

Change: +8,857 (+93%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £13,434

Previous: £31,689

Change: -£18,255 (-57.6%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £21,511

Previous: £6,500

Change: +£15,011 (+230.9%)

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

Net Current Assets Liabilities

Current: £5,305

Previous: £7,821

Change: -£2,516 (-32.2%)

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

Fixed Assets

Current: £23,689

Previous: £8,206

Change: +£15,483 (+188.7%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.