Armstrong Plumbing & Heating Ni Ltd

Key Facts

Net Assets

Current: £388,342

Previous: £1,362,263

Change: -973,921 (-71.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £379,830

Previous: £1,548,235

Change: -£1,168,405 (-75.5%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £261,786

Previous: £1,187,392

Change: -£925,606 (-78%)

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

Creditors 1 Year

Current: £55,703

Previous: £261,882

Change: -£206,179 (-78.7%)

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

Net Current Assets Liabilities

Current: £324,127

Previous: £1,286,353

Change: -£962,226 (-74.8%)

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: 3

Previous: 6

Change: -3 (-50%)

Comment: Trimmed the team by 3 people.