Welding Kingdom Ltd

Key Facts

Net Assets

Current: £20,840

Previous: £1,623

Change: +19,217 (+1184%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £23,744

Previous: £18,233

Change: +£5,511 (+30.2%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £13,127

Previous: £17,537

Change: -£4,410 (-25.1%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £11,509

Previous: £696

Change: +£10,813 (+1553.6%)

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

Fixed Assets

Current: £9,931

Previous: £1,377

Change: +£8,554 (+621.2%)

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: Not reported

Previous: Not reported

Comment: Not reported