Ptm Plumbing & Electrical Ltd

Key Facts

Net Assets

Current: £70,813

Previous: £105,848

Change: -35,035 (-33.1%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £59,088

Previous: £151,780

Change: -£92,692 (-61.1%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £9,116

Previous: £54,744

Change: -£45,628 (-83.3%)

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

Creditors 1 Year

Current: £90

Previous: £61,389

Change: -£61,299 (-99.9%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £58,998

Previous: £90,391

Change: -£31,393 (-34.7%)

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

Fixed Assets

Current: £11,815

Previous: £15,457

Change: -£3,642 (-23.6%)

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: 7

Previous: 7

Change: +0 (+0%)

Comment: No change in team size.