Reid Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £27,540

Previous: £9,627

Change: +17,913 (+186.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £26,083

Previous: £9,428

Change: +£16,655 (+176.7%)

Comment: Current assets increased significantly.

Cash

Current: £6,207

Previous: £3,032

Change: +£3,175 (+104.7%)

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

Creditors 1 Year

Current: £9,833

Previous: £12,848

Change: -£3,015 (-23.5%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £16,250

Previous: £3,420

Change: +£12,830 (+375.1%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: Not reported

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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.