Mgm Plumbing Limited

Key Facts

Net Assets

Current: £42,057

Previous: £510

Change: +41,547 (+8146.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £86,123

Previous: £44,544

Change: +£41,579 (+93.3%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £53,013

Previous: £9,801

Change: +£43,212 (+440.9%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £33,110

Previous: £9,631

Change: +£23,479 (+243.8%)

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

Fixed Assets

Current: £8,947

Previous: £680

Change: +£8,267 (+1215.7%)

Comment: Fixed assets increased 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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.