Mike Ruth Plumbing & Heating Limited

Key Facts

Net Assets

Current: £55,862

Previous: £85,277

Change: -29,415 (-34.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £92,403

Previous: £109,063

Change: -£16,660 (-15.3%)

Comment: Current assets reduced noticeably.

Cash

Current: £52,934

Previous: £75,571

Change: -£22,637 (-30%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £54,328

Previous: £43,232

Change: +£11,096 (+25.7%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £38,075

Previous: £65,831

Change: -£27,756 (-42.2%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.