Sam Palmer Plumbing And Heating Limited

Key Facts

Net Assets

Current: £10,931

Previous: £6,628

Change: +4,303 (+64.9%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £41,442

Previous: £114,935

Change: -£73,493 (-63.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £21,644

Previous: £36,013

Change: -£14,369 (-39.9%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £13,474

Previous: £7,485

Change: +£5,989 (+80%)

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

Fixed Assets

Current: £26,437

Previous: £37,306

Change: -£10,869 (-29.1%)

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: 4

Previous: 5

Change: -1 (-20%)

Comment: Lost a team member.