Myers Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £22,531

Previous: £114,920

Change: -92,389 (-80.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £231,826

Previous: £179,799

Change: +£52,027 (+28.9%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £242,444

Previous: £100,711

Change: +£141,733 (+140.7%)

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

Net Current Assets Liabilities

Current: £10,318

Previous: £79,391

Change: -£69,073 (-87%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £34,499

Previous: £37,104

Change: -£2,605 (-7%)

Comment: Fixed assets decreased slightly.

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: 6

Previous: 5

Change: +1 (+20%)

Comment: Added a helper.