Manchester Plumbing Supplies Ltd

Key Facts

Net Assets

Current: £18,090

Previous: £25,403

Change: -7,313 (-28.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £581,511

Previous: £522,794

Change: +£58,717 (+11.2%)

Comment: Current assets grew moderately.

Cash

Current: £9,515

Previous: £17,914

Change: -£8,399 (-46.9%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £91,638

Previous: £82,290

Change: +£9,348 (+11.4%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £54,499

Previous: £85,451

Change: -£30,952 (-36.2%)

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

Fixed Assets

Current: £55,229

Previous: £22,242

Change: +£32,987 (+148.3%)

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: 9

Previous: 10

Change: -1 (-10%)

Comment: Lost a team member.