Richardson & Son Heating & Plumbing Ltd

Key Facts

Net Assets

Current: £162

Previous: £899

Change: -737 (-82%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £2,834

Previous: £7,067

Change: -£4,233 (-59.9%)

Comment: Current assets fell significantly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £7,554

Previous: £2,925

Change: +£4,629 (+158.3%)

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

Net Current Assets Liabilities

Current: £4,720

Previous: £2,278

Change: +£2,442 (+107.2%)

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

Fixed Assets

Current: £4,882

Previous: £6,102

Change: -£1,220 (-20%)

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.