Wrights Plumbing And Heating Supplies Ltd

Key Facts

Net Assets

Current: £66,452

Previous: £22,590

Change: +43,862 (+194.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £635,305

Previous: £445,822

Change: +£189,483 (+42.5%)

Comment: Current assets increased significantly.

Cash

Current: £14,607

Previous: £78,141

Change: -£63,534 (-81.3%)

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

Creditors 1 Year

Current: £606,862

Previous: £465,467

Change: +£141,395 (+30.4%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £28,443

Previous: £19,645

Change: +£8,798 (+44.8%)

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

Fixed Assets

Current: £38,009

Previous: £42,235

Change: -£4,226 (-10%)

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: 5

Previous: 4

Change: +1 (+25%)

Comment: Added a helper.