Paul Fitch Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £9,588

Previous: £3,737

Change: +5,851 (+156.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £13,951

Previous: £5,527

Change: +£8,424 (+152.4%)

Comment: Current assets increased significantly.

Cash

Current: £13,951

Previous: £5,527

Change: +£8,424 (+152.4%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £5,110

Previous: £2,785

Change: +£2,325 (+83.5%)

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

Net Current Assets Liabilities

Current: £8,841

Previous: £2,742

Change: +£6,099 (+222.4%)

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

Fixed Assets

Current: £922

Previous: £1,229

Change: -£307 (-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: 1

Change: +1 (+100%)

Comment: Added a helper.