Mg Plumbing And Heating South West Ltd

Key Facts

Net Assets

Current: £44,249

Previous: £29,498

Change: +14,751 (+50%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £57,350

Previous: £48,612

Change: +£8,738 (+18%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £18,814

Previous: £26,386

Change: -£7,572 (-28.7%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £38,536

Previous: £22,226

Change: +£16,310 (+73.4%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £6,139

Previous: £7,674

Change: -£1,535 (-20%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.