Pipeworks Plumbing Heating Ltd

Key Facts

Net Assets

Current: £2,425

Previous: £1,225

Change: +1,200 (+98%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £42,361

Previous: £42,892

Change: -£531 (-1.2%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £47,041

Previous: £51,918

Change: -£4,877 (-9.4%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £4,680

Previous: £9,026

Change: -£4,346 (-48.1%)

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

Fixed Assets

Current: £8,356

Previous: £11,501

Change: -£3,145 (-27.3%)

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.