Worthington Welding & Agriculture Ltd

Key Facts

Net Assets

Current: £581

Previous: £7,265

Change: -6,684 (-92%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £13,289

Previous: £10,754

Change: +£2,535 (+23.6%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £34,648

Previous: £8,343

Change: +£26,305 (+315.3%)

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

Net Current Assets Liabilities

Current: £21,359

Previous: £986

Change: +£20,373 (+2066.2%)

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

Fixed Assets

Current: £22,840

Previous: £17,244

Change: +£5,596 (+32.5%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.