It Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £176,290

Previous: £130,537

Change: +45,753 (+35%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £38,228

Previous: £174,807

Change: -£136,579 (-78.1%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £20,112

Previous: £53,102

Change: -£32,990 (-62.1%)

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

Net Current Assets Liabilities

Current: £18,116

Previous: £121,705

Change: -£103,589 (-85.1%)

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

Fixed Assets

Current: £159,454

Previous: £10,032

Change: +£149,422 (+1489.5%)

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.