1st Plumbing Solutions Ltd

Key Facts

Net Assets

Current: £18,536

Previous: £27,670

Change: -9,134 (-33%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £50,994

Previous: £50,422

Change: +£572 (+1.1%)

Comment: Current assets increased slightly.

Cash

Current: £20,761

Previous: £19,086

Change: +£1,675 (+8.8%)

Comment: Cash increased slightly.

Creditors 1 Year

Current: £42,498

Previous: £36,367

Change: +£6,131 (+16.9%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £8,496

Previous: £14,055

Change: -£5,559 (-39.6%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

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: 3

Change: -1 (-33.3%)

Comment: Lost a team member.