Ace Plumbing Limited

Key Facts

Net Assets

Current: £289,365

Previous: £290,071

Change: -706 (-0.2%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £330,461

Previous: £325,756

Change: +£4,705 (+1.4%)

Comment: Current assets increased slightly.

Cash

Current: £75,540

Previous: £98,944

Change: -£23,404 (-23.7%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £6,390

Previous: £16,806

Change: -£10,416 (-62%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £31,971

Previous: £7,129

Change: +£24,842 (+348.5%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £327,726

Previous: £314,006

Change: +£13,720 (+4.4%)

Comment: Fixed assets increased slightly.

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: 8

Previous: 6

Change: +2 (+33.3%)

Comment: Strengthening the team.