Modern Plumbing Merchant Ltd

Key Facts

Net Assets

Current: £85,591

Previous: £100,240

Change: -14,649 (-14.6%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £118,545

Previous: £175,464

Change: -£56,919 (-32.4%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £54,635

Previous: £97,170

Change: -£42,535 (-43.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £110,319

Previous: £164,190

Change: -£53,871 (-32.8%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £29,907

Previous: £33,220

Change: -£3,313 (-10%)

Comment: Fixed assets decreased slightly.

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.