Rainbow Plumbing & Maintenance Ltd

Key Facts

Net Assets

Current: £500

Previous: £352

Change: +148 (+42%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £12,617

Previous: £38,817

Change: -£26,200 (-67.5%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £1,492

Previous: £3

Change: +£1,489 (+49633.3%)

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

Creditors 1 Year

Current: £12,117

Previous: £20,722

Change: -£8,605 (-41.5%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £500

Previous: £17,798

Change: -£17,298 (-97.2%)

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

Fixed Assets

Current: £4,045

Previous: Not reported

Comment: Not reported

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.