G & L Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £29,850

Previous: £47,858

Change: -18,008 (-37.6%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £81,523

Previous: £173,220

Change: -£91,697 (-52.9%)

Comment: Current assets fell significantly.

Cash

Current: £97

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £10,453

Previous: £28,453

Change: -£18,000 (-63.3%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £141,711

Previous: £76,467

Change: +£65,244 (+85.3%)

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

Fixed Assets

Current: £122,314

Previous: £152,778

Change: -£30,464 (-19.9%)

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: 6

Previous: 8

Change: -2 (-25%)

Comment: Trimmed the team by 2 people.