Towngate Plumbing Ltd

Key Facts

Net Assets

Current: £1

Previous: £2,078

Change: -2,077 (-100%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £7,852

Previous: £8,438

Change: -£586 (-6.9%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £28,926

Previous: £15,177

Change: +£13,749 (+90.6%)

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

Net Current Assets Liabilities

Current: £21,074

Previous: £6,739

Change: +£14,335 (+212.7%)

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

Fixed Assets

Current: £21,075

Previous: £8,817

Change: +£12,258 (+139%)

Comment: Fixed assets increased 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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.