P & M Plumbing Limited

Key Facts

Net Assets

Current: £894

Previous: £72,631

Change: -71,737 (-98.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £65,346

Previous: £78,066

Change: -£12,720 (-16.3%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £65,067

Previous: £5,962

Change: +£59,105 (+991.4%)

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

Net Current Assets Liabilities

Current: £279

Previous: £72,658

Change: -£72,379 (-99.6%)

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

Fixed Assets

Current: £3,011

Previous: £3,808

Change: -£797 (-20.9%)

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.