Welding Exotic Materials Ltd

Key Facts

Net Assets

Current: £14,539

Previous: £568

Change: +13,971 (+2459.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £20,722

Previous: £9,329

Change: +£11,393 (+122.1%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £7,925

Previous: £8,431

Change: -£506 (-6%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £12,797

Previous: £898

Change: +£11,899 (+1325.1%)

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

Fixed Assets

Current: £1,742

Previous: £2,148

Change: -£406 (-18.9%)

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.