M3 Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £4,128

Previous: £5,330

Change: -1,202 (-22.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £7,584

Previous: £2,938

Change: +£4,646 (+158.1%)

Comment: Current assets increased significantly.

Cash

Current: £4,734

Previous: £2,938

Change: +£1,796 (+61.1%)

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

Creditors 1 Year

Current: £11,712

Previous: £8,268

Change: +£3,444 (+41.7%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £4,128

Previous: £5,330

Change: -£1,202 (-22.6%)

Comment: Net current assets weakened noticeably.

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.