Watkins Plumbing & Heating Limited

Key Facts

Net Assets

Current: £6,061

Previous: £15,465

Change: -9,404 (-60.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £4,273

Previous: £11,699

Change: -£7,426 (-63.5%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £4,023

Previous: £11,449

Change: -£7,426 (-64.9%)

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

Creditors 1 Year

Current: £1,788

Previous: £3,766

Change: -£1,978 (-52.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £6,061

Previous: £15,465

Change: -£9,404 (-60.8%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.