Art Renewables Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £18,907

Previous: £4,326

Change: +14,581 (+337.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £55,505

Previous: £57,811

Change: -£2,306 (-4%)

Comment: Current assets decreased slightly.

Cash

Current: £32,289

Previous: £12,143

Change: +£20,146 (+165.9%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £21,453

Previous: £25,647

Change: -£4,194 (-16.4%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £22,216

Previous: £1,711

Change: +£20,505 (+1198.4%)

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

Fixed Assets

Current: £18,144

Previous: £23,032

Change: -£4,888 (-21.2%)

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.