Quadrant Plumbing Ltd

Key Facts

Net Assets

Current: £1,396

Previous: £21,256

Change: -19,860 (-93.4%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £2,810

Previous: £22,956

Change: -£20,146 (-87.8%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £846

Previous: £17

Change: +£829 (+4876.5%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £9,336

Previous: £3,065

Change: +£6,271 (+204.6%)

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

Net Current Assets Liabilities

Current: £6,526

Previous: £19,891

Change: -£13,365 (-67.2%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £11,990

Previous: £15,203

Change: -£3,213 (-21.1%)

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: 1

Change: +0 (+0%)

Comment: No change in team size.