E A Gibbs Plumbers Limited

Key Facts

Net Assets

Current: £677

Previous: £5,678

Change: -5,001 (-88.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £738

Previous: £27,185

Change: -£26,447 (-97.3%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £61

Previous: £29,963

Change: -£29,902 (-99.8%)

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

Net Current Assets Liabilities

Current: £677

Previous: £2,778

Change: -£2,101 (-75.6%)

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: 8

Change: -5 (-62.5%)

Comment: Trimmed the team by 5 people.