Phil Williams Plumbing Ltd

Key Facts

Net Assets

Current: £5,111

Previous: £16,989

Change: -11,878 (-69.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £7,279

Previous: £33,156

Change: -£25,877 (-78%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £2,447

Previous: £1,853

Change: +£594 (+32.1%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £11,886

Previous: £23,388

Change: -£11,502 (-49.2%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £4,607

Previous: £9,768

Change: -£5,161 (-52.8%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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.