Turners Plumbing Engineers Ltd

Key Facts

Net Assets

Current: £923,174

Previous: £877,781

Change: +45,393 (+5.2%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £540,182

Previous: £702,331

Change: -£162,149 (-23.1%)

Comment: Current assets reduced noticeably.

Cash

Current: £28,426

Previous: £119,367

Change: -£90,941 (-76.2%)

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

Creditors 1 Year

Current: £187,962

Previous: £280,476

Change: -£92,514 (-33%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £352,220

Previous: £421,855

Change: -£69,635 (-16.5%)

Comment: Net current assets weakened noticeably.

Fixed Assets

Current: £578,081

Previous: £509,492

Change: +£68,589 (+13.5%)

Comment: Fixed assets grew steadily.

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.