Local Plumbing Supplies Ltd

Key Facts

Net Assets

Current: £208,013

Previous: £103,099

Change: +104,914 (+101.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £757,041

Previous: £557,314

Change: +£199,727 (+35.8%)

Comment: Current assets increased significantly.

Cash

Current: £302,786

Previous: £260,789

Change: +£41,997 (+16.1%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £632,453

Previous: £554,173

Change: +£78,280 (+14.1%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £124,588

Previous: £3,141

Change: +£121,447 (+3866.5%)

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

Fixed Assets

Current: £107,984

Previous: £128,571

Change: -£20,587 (-16%)

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: 11

Previous: 9

Change: +2 (+22.2%)

Comment: Solid growth.