Mark Payne Plumbing & Heating Specialist Ltd

Key Facts

Net Assets

Current: £4,832

Previous: £1,925

Change: +2,907 (+151%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £21,201

Previous: £23,389

Change: -£2,188 (-9.4%)

Comment: Current assets decreased slightly.

Cash

Current: £13,485

Previous: £7,483

Change: +£6,002 (+80.2%)

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

Creditors 1 Year

Current: £20,992

Previous: £21,334

Change: -£342 (-1.6%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £209

Previous: £2,055

Change: -£1,846 (-89.8%)

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

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.