The Groves Plumbing And Heating Ltd

Key Facts

Net Assets

Current: £52,109

Previous: £12,737

Change: +39,372 (+309.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £171,033

Previous: £89,405

Change: +£81,628 (+91.3%)

Comment: Current assets increased significantly.

Cash

Current: £151,866

Previous: £84,616

Change: +£67,250 (+79.5%)

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

Creditors 1 Year

Current: £123,737

Previous: £87,769

Change: +£35,968 (+41%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £47,296

Previous: £1,636

Change: +£45,660 (+2791%)

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

Fixed Assets

Current: £6,205

Previous: £11,101

Change: -£4,896 (-44.1%)

Comment: Fixed assets fell significantly.

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.