Newall Heating & Plumbing Ltd

Key Facts

Net Assets

Current: £454

Previous: £1,253

Change: -799 (-63.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £15,702

Previous: £14,812

Change: +£890 (+6%)

Comment: Current assets increased slightly.

Cash

Current: £15,254

Previous: £7,974

Change: +£7,280 (+91.3%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £17,471

Previous: £17,784

Change: -£313 (-1.8%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £1,769

Previous: £2,972

Change: -£1,203 (-40.5%)

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

Fixed Assets

Current: £1,623

Previous: £2,122

Change: -£499 (-23.5%)

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.