Plumb It Plumbing Merchants Limited

Key Facts

Net Assets

Current: £96,798

Previous: £82,469

Change: +14,329 (+17.4%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £352,866

Previous: £304,292

Change: +£48,574 (+16%)

Comment: Current assets grew moderately.

Cash

Current: £2,587

Previous: £17,555

Change: -£14,968 (-85.3%)

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

Creditors 1 Year

Current: £217,759

Previous: £65,645

Change: +£152,114 (+231.7%)

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

Net Current Assets Liabilities

Current: £143,704

Previous: £66,713

Change: +£76,991 (+115.4%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £170,853

Previous: £81,401

Change: +£89,452 (+109.9%)

Comment: Fixed assets increased significantly.

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: 7

Previous: 7

Change: +0 (+0%)

Comment: No change in team size.