Welding Engineering Consultancy Ltd

Key Facts

Net Assets

Current: £31,274

Previous: £18,171

Change: +13,103 (+72.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £60,920

Previous: £45,399

Change: +£15,521 (+34.2%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £36,189

Previous: £34,360

Change: +£1,829 (+5.3%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £25,526

Previous: £12,254

Change: +£13,272 (+108.3%)

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

Fixed Assets

Current: £5,748

Previous: £5,917

Change: -£169 (-2.9%)

Comment: Fixed assets decreased slightly.

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.