Wells Glass Limited

Key Facts

Net Assets

Current: £164,961

Previous: £107,968

Change: +56,993 (+52.8%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £39,881

Previous: £107,432

Change: -£67,551 (-62.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £122,807

Previous: £130,676

Change: -£7,869 (-6%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £48,904

Previous: £12,583

Change: +£36,321 (+288.7%)

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

Fixed Assets

Current: £6,750

Previous: £10,125

Change: -£3,375 (-33.3%)

Comment: Fixed assets fell 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: 5

Previous: 6

Change: -1 (-16.7%)

Comment: Lost a team member.