I R Lacey Plumbing & Heating Limited

Key Facts

Net Assets

Current: £2,945

Previous: £8,579

Change: -5,634 (-65.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £69,142

Previous: £73,503

Change: -£4,361 (-5.9%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £67,470

Previous: £10,000

Change: +£57,470 (+574.7%)

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

Net Current Assets Liabilities

Current: £1,672

Previous: £16,882

Change: -£15,210 (-90.1%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £1,273

Previous: £1,697

Change: -£424 (-25%)

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: 4

Previous: 2

Change: +2 (+100%)

Comment: Strengthening the team.