Welmar Plumbing Heating & Gas Specialists Limited

Key Facts

Net Assets

Current: £72,053

Previous: £37,714

Change: +34,339 (+91.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £3,265

Previous: £5,093

Change: -£1,828 (-35.9%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £80,687

Previous: £49,780

Change: +£30,907 (+62.1%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £77,422

Previous: £44,687

Change: +£32,735 (+73.3%)

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

Fixed Assets

Current: £5,592

Previous: £7,196

Change: -£1,604 (-22.3%)

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: 2

Previous: 5

Change: -3 (-60%)

Comment: Trimmed the team by 3 people.