Welding Union Ltd

Key Facts

Net Assets

Current: £22,252

Previous: £20,696

Change: +1,556 (+7.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £1,451

Previous: £39

Change: +£1,412 (+3620.5%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £23,703

Previous: £20,735

Change: +£2,968 (+14.3%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £22,252

Previous: £20,696

Change: +£1,556 (+7.5%)

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: 5

Change: -3 (-60%)

Comment: Trimmed the team by 3 people.