Connaghan Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £18,050

Previous: £30,593

Change: -12,543 (-41%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £35,264

Previous: £64,722

Change: -£29,458 (-45.5%)

Comment: Current assets fell significantly.

Cash

Current: £31,088

Previous: £60,472

Change: -£29,384 (-48.6%)

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

Creditors 1 Year

Current: £26,631

Previous: £37,354

Change: -£10,723 (-28.7%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £8,633

Previous: £27,368

Change: -£18,735 (-68.5%)

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

Fixed Assets

Current: £72,126

Previous: £15,481

Change: +£56,645 (+365.9%)

Comment: Fixed assets increased significantly.

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.