Welding & Auto Engineering Limited

Key Facts

Net Assets

Current: £51,080

Previous: £44,757

Change: +6,323 (+14.1%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £58,873

Previous: £60,017

Change: -£1,144 (-1.9%)

Comment: Current assets decreased slightly.

Cash

Current: £1,988

Previous: £757

Change: +£1,231 (+162.6%)

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

Creditors 1 Year

Current: £116,354

Previous: £112,479

Change: +£3,875 (+3.4%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £57,481

Previous: £52,462

Change: +£5,019 (+9.6%)

Comment: Net current assets improved slightly.

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: 2

Change: +0 (+0%)

Comment: No change in team size.