Upgrade Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £8,690

Previous: £7,588

Change: +1,102 (+14.5%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £2,659

Previous: £7,551

Change: -£4,892 (-64.8%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £2,969

Previous: £13,463

Change: -£10,494 (-77.9%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £310

Previous: £5,912

Change: -£5,602 (-94.8%)

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

Fixed Assets

Current: £9,000

Previous: £13,500

Change: -£4,500 (-33.3%)

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.