The Plumbing Centre Ltd

Key Facts

Net Assets

Current: £166,454

Previous: £161,258

Change: +5,196 (+3.2%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £337,969

Previous: £290,115

Change: +£47,854 (+16.5%)

Comment: Current assets grew moderately.

Cash

Current: £110,132

Previous: £27,726

Change: +£82,406 (+297.2%)

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

Creditors 1 Year

Current: £172,600

Previous: £9,081

Change: +£163,519 (+1800.7%)

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

Net Current Assets Liabilities

Current: £165,369

Previous: £114,156

Change: +£51,213 (+44.9%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £1,085

Previous: £56,183

Change: -£55,098 (-98.1%)

Comment: Fixed assets fell 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: 5

Previous: 9

Change: -4 (-44.4%)

Comment: Trimmed the team by 4 people.