Mccormack Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £397

Previous: £613

Change: -216 (-35.2%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £61,115

Previous: £21,816

Change: +£39,299 (+180.1%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £64,839

Previous: £27,298

Change: +£37,541 (+137.5%)

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

Net Current Assets Liabilities

Current: £3,724

Previous: £5,482

Change: -£1,758 (-32.1%)

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

Fixed Assets

Current: £4,977

Previous: £6,219

Change: -£1,242 (-20%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.