Platinum Plumbing Heating Ltd

Key Facts

Net Assets

Current: £414

Previous: £3,375

Change: -2,961 (-87.7%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £1,644

Previous: £610

Change: +£1,034 (+169.5%)

Comment: Current assets increased significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £4,038

Previous: £355

Change: +£3,683 (+1037.5%)

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

Net Current Assets Liabilities

Current: £2,394

Previous: £255

Change: +£2,139 (+838.8%)

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

Fixed Assets

Current: £2,808

Previous: £3,120

Change: -£312 (-10%)

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.