R Giles Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £823

Previous: £15,242

Change: -14,419 (-94.6%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £4,564

Previous: £21,128

Change: -£16,564 (-78.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £20,021

Previous: £30,711

Change: -£10,690 (-34.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,874

Previous: £17,551

Change: -£14,677 (-83.6%)

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

Fixed Assets

Current: £22,872

Previous: £28,702

Change: -£5,830 (-20.3%)

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: 1

Change: +0 (+0%)

Comment: No change in team size.