Passco Plumbing & Heating Limited

Key Facts

Net Assets

Current: £74,484

Previous: £67,956

Change: +6,528 (+9.6%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £161,664

Previous: £130,975

Change: +£30,689 (+23.4%)

Comment: Current assets grew moderately.

Cash

Current: £60,062

Previous: £37,519

Change: +£22,543 (+60.1%)

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

Creditors 1 Year

Current: £101,984

Previous: £80,632

Change: +£21,352 (+26.5%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £59,680

Previous: £50,343

Change: +£9,337 (+18.5%)

Comment: Net current assets strengthened moderately.

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.