Paling Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £529

Previous: £5,077

Change: -4,548 (-89.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £107,604

Previous: £129,502

Change: -£21,898 (-16.9%)

Comment: Current assets reduced noticeably.

Cash

Current: £120

Previous: £120

Change: +£0 (+0%)

Comment: No change in cash reserves.

Creditors 1 Year

Current: £86,722

Previous: £98,768

Change: -£12,046 (-12.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £20,882

Previous: £30,734

Change: -£9,852 (-32.1%)

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: 8

Previous: 7

Change: +1 (+14.3%)

Comment: Added a helper.