Cleaves Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £29,695

Previous: £42,709

Change: -13,014 (-30.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £20,318

Previous: £64,127

Change: -£43,809 (-68.3%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £15,244

Previous: £26,897

Change: -£11,653 (-43.3%)

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

Creditors 1 Year

Current: £10,286

Previous: £27,080

Change: -£16,794 (-62%)

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

Net Current Assets Liabilities

Current: £10,032

Previous: £37,047

Change: -£27,015 (-72.9%)

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

Fixed Assets

Current: £19,663

Previous: £15,662

Change: +£4,001 (+25.5%)

Comment: Fixed assets grew steadily.

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.