Local Plumbing & Heating Supplies Ltd

Key Facts

Net Assets

Current: £13,752

Previous: £49,989

Change: -36,237 (-72.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £421,179

Previous: £488,150

Change: -£66,971 (-13.7%)

Comment: Current assets reduced noticeably.

Cash

Current: £28,388

Previous: £68,756

Change: -£40,368 (-58.7%)

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

Creditors 1 Year

Current: £426,838

Previous: £453,513

Change: -£26,675 (-5.9%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £5,659

Previous: £34,637

Change: -£28,978 (-83.7%)

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

Fixed Assets

Current: £28,693

Previous: £34,760

Change: -£6,067 (-17.5%)

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: 5

Previous: 5

Change: +0 (+0%)

Comment: No change in team size.