Powells Plumbing And Heating Limited

Key Facts

Net Assets

Current: £6,884

Previous: £3,752

Change: +3,132 (+83.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £116,691

Previous: £118,969

Change: -£2,278 (-1.9%)

Comment: Current assets decreased slightly.

Cash

Current: £1,810

Previous: £5,702

Change: -£3,892 (-68.3%)

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

Creditors 1 Year

Current: £28,787

Previous: £34,592

Change: -£5,805 (-16.8%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £35,413

Previous: £37,932

Change: -£2,519 (-6.6%)

Comment: Net current assets decreased slightly.

Fixed Assets

Current: £344

Previous: £550

Change: -£206 (-37.5%)

Comment: Fixed assets fell significantly.

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: 5

Previous: 3

Change: +2 (+66.7%)

Comment: Strengthening the team.