Welding Solution Team Limited

Key Facts

Net Assets

Current: £3,003

Previous: £9,503

Change: -6,500 (-68.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £83,864

Previous: £43,899

Change: +£39,965 (+91%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £47,843

Previous: £35,232

Change: +£12,611 (+35.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £36,697

Previous: £27,756

Change: +£8,941 (+32.2%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £14,149

Previous: £16,979

Change: -£2,830 (-16.7%)

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: 5

Previous: 3

Change: +2 (+66.7%)

Comment: Strengthening the team.