Patience Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £39,715

Previous: £37,504

Change: +2,211 (+5.9%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £39,302

Previous: £41,917

Change: -£2,615 (-6.2%)

Comment: Current assets decreased slightly.

Cash

Current: £2,023

Previous: £9,131

Change: -£7,108 (-77.8%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £20,891

Previous: £32,819

Change: -£11,928 (-36.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £18,411

Previous: £9,098

Change: +£9,313 (+102.4%)

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

Fixed Assets

Current: £21,304

Previous: £28,406

Change: -£7,102 (-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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.