Iman Plumbing Service Ltd

Key Facts

Net Assets

Current: £64,690

Previous: £44,690

Change: +20,000 (+44.8%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £12,811

Previous: £55,681

Change: -£42,870 (-77%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £168,704

Previous: £23,791

Change: +£144,913 (+609.1%)

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

Net Current Assets Liabilities

Current: £46,847

Previous: £31,890

Change: +£14,957 (+46.9%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £280,241

Previous: £12,800

Change: +£267,441 (+2089.4%)

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: 3

Previous: 2

Change: +1 (+50%)

Comment: Added a helper.