Paynes Heating And Plumbing Services Limited

Key Facts

Net Assets

Current: £70,843

Previous: £48,358

Change: +22,485 (+46.5%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £1,759,120

Previous: £1,543,336

Change: +£215,784 (+14%)

Comment: Current assets grew moderately.

Cash

Current: £8,031

Previous: £82,004

Change: -£73,973 (-90.2%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £104,904

Previous: £109,361

Change: -£4,457 (-4.1%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £68,602

Previous: £104,766

Change: -£36,164 (-34.5%)

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: 59

Previous: 59

Change: +0 (+0%)

Comment: No meaningful change.