Offset Plumbing Ltd

Key Facts

Net Assets

Current: £32,483

Previous: £8

Change: +32,475 (+405937.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £11,578

Previous: £8,680

Change: +£2,898 (+33.4%)

Comment: Current assets increased significantly.

Cash

Current: £629

Previous: £775

Change: -£146 (-18.8%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £35,624

Previous: £7,563

Change: +£28,061 (+371%)

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

Net Current Assets Liabilities

Current: £24,046

Previous: £1,117

Change: +£22,929 (+2052.7%)

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

Fixed Assets

Current: £2,197

Previous: £2,929

Change: -£732 (-25%)

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: 1

Previous: 2

Change: -1 (-50%)

Comment: Lost a team member.