Mg Biomass Plumbing & Heating Limited

Key Facts

Net Assets

Current: £108

Previous: £110

Change: -2 (-1.8%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £14,874

Previous: £15,922

Change: -£1,048 (-6.6%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £467

Previous: £6,067

Change: -£5,600 (-92.3%)

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

Net Current Assets Liabilities

Current: £782

Previous: £2,616

Change: -£1,834 (-70.1%)

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

Fixed Assets

Current: £1,168

Previous: £4,871

Change: -£3,703 (-76%)

Comment: Fixed assets fell significantly.

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: 1

Change: +1 (+100%)

Comment: Added a helper.