Mgs Plumbing & Gas Ltd

Key Facts

Net Assets

Current: £13,963

Previous: £9,920

Change: +4,043 (+40.8%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £31,768

Previous: £29,225

Change: +£2,543 (+8.7%)

Comment: Current assets increased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £17,807

Previous: £19,307

Change: -£1,500 (-7.8%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £13,961

Previous: £9,918

Change: +£4,043 (+40.8%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £2

Previous: £2

Change: +£0 (+0%)

Comment: No change in fixed assets.

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.