Master Plumber Manchester Ltd

Key Facts

Net Assets

Current: £6,194

Previous: £8,987

Change: -2,793 (-31.1%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £6,144

Previous: £18,022

Change: -£11,878 (-65.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £3,734

Previous: £4,987

Change: -£1,253 (-25.1%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £5,450

Previous: £20,000

Change: -£14,550 (-72.8%)

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

Net Current Assets Liabilities

Current: £694

Previous: £4,413

Change: -£3,719 (-84.3%)

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

Fixed Assets

Current: £5,500

Previous: £6,600

Change: -£1,100 (-16.7%)

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: 2

Change: +2 (+100%)

Comment: Strengthening the team.