Matthews & Son Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £2,972

Previous: £960

Change: +2,012 (+209.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £2,476

Previous: £6,474

Change: -£3,998 (-61.8%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £5,286

Previous: £5,331

Change: -£45 (-0.8%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £2,810

Previous: £1,092

Change: +£1,718 (+157.3%)

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

Fixed Assets

Current: £6,502

Previous: £7,650

Change: -£1,148 (-15%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.