A Source Plumbing Ltd

Key Facts

Net Assets

Current: £2,280

Previous: £9,025

Change: -6,745 (-74.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £28,258

Previous: £45,662

Change: -£17,404 (-38.1%)

Comment: Current assets fell significantly.

Cash

Current: £20,310

Previous: £29,533

Change: -£9,223 (-31.2%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £33,000

Previous: £32,696

Change: +£304 (+0.9%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £4,742

Previous: £12,966

Change: -£8,224 (-63.4%)

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: 3

Previous: 2

Change: +1 (+50%)

Comment: Added a helper.