Gifford Plumbing Solutions Limited

Key Facts

Net Assets

Current: £24,656

Previous: £60,394

Change: -35,738 (-59.2%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £88,843

Previous: £82,995

Change: +£5,848 (+7%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £132,963

Previous: £4,744

Change: +£128,219 (+2702.8%)

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

Net Current Assets Liabilities

Current: £44,120

Previous: £64,328

Change: -£20,208 (-31.4%)

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

Fixed Assets

Current: £22,929

Previous: £13,908

Change: +£9,021 (+64.9%)

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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.