Ian Morgan Gas Heating Plumbing Ltd

Key Facts

Net Assets

Current: £19,311

Previous: £10,301

Change: +9,010 (+87.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £31,408

Previous: £37,337

Change: -£5,929 (-15.9%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £33,517

Previous: £32,440

Change: +£1,077 (+3.3%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £254

Previous: £3,300

Change: -£3,046 (-92.3%)

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

Fixed Assets

Current: £14,460

Previous: £18,839

Change: -£4,379 (-23.2%)

Comment: Fixed assets reduced noticeably.

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.