Iplumb & Heat Ltd

Key Facts

Net Assets

Current: £28,396

Previous: £29,524

Change: -1,128 (-3.8%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £108,687

Previous: £116,414

Change: -£7,727 (-6.6%)

Comment: Current assets decreased slightly.

Cash

Current: £74,360

Previous: £45,369

Change: +£28,991 (+63.9%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £79,437

Previous: £90,121

Change: -£10,684 (-11.9%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £29,250

Previous: £26,293

Change: +£2,957 (+11.2%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £21,973

Previous: £31,362

Change: -£9,389 (-29.9%)

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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.