Wrights Plumbing & Heating Ltd

Key Facts

Net Assets

Current: £32,505

Previous: £40,038

Change: -7,533 (-18.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £88,469

Previous: £79,713

Change: +£8,756 (+11%)

Comment: Current assets grew moderately.

Cash

Current: £46,786

Previous: £58,872

Change: -£12,086 (-20.5%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £65,685

Previous: £47,008

Change: +£18,677 (+39.7%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £22,784

Previous: £32,705

Change: -£9,921 (-30.3%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £25,096

Previous: £26,794

Change: -£1,698 (-6.3%)

Comment: Fixed assets decreased slightly.

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.