Mcghies Plumbing & Heating Limited

Key Facts

Net Assets

Current: £29,091

Previous: £825

Change: +28,266 (+3426.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £79,452

Previous: £77,301

Change: +£2,151 (+2.8%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £26,350

Previous: £36,554

Change: -£10,204 (-27.9%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £16,567

Previous: £44,419

Change: -£27,852 (-62.7%)

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

Fixed Assets

Current: £72,208

Previous: £81,998

Change: -£9,790 (-11.9%)

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: 8

Previous: 9

Change: -1 (-11.1%)

Comment: Lost a team member.