Morgan Plumbing Services Ltd

Key Facts

Net Assets

Current: £141,908

Previous: £77,458

Change: +64,450 (+83.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £149,082

Previous: £111,307

Change: +£37,775 (+33.9%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £38,830

Previous: £37,775

Change: +£1,055 (+2.8%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £110,252

Previous: £73,532

Change: +£36,720 (+49.9%)

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

Fixed Assets

Current: £33,056

Previous: £5,326

Change: +£27,730 (+520.7%)

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.