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Following a weekend lock-in in the lavatories of their local pub, Richie and Eddie return to their flat. After they unsuccessfully attempt to prepare breakfast the mail arrives, containing a letter and parcel for Richie. The letter is from the solicitors, which Eddie is left to dispose of, and the parcel contains a blow-up doll Richie ordered without his flatmate's knowledge. He bribes Eddie to leave the flat so he can be alone with his new friend Monica, unaware that Eddie has opened the solicitors' letter and discovered that following his uncle's death, Richie is now owed £15,000, which he wishes to claim for himself.

The second act opens with Richie having trouble with Monica; ultimately he accidentally attaches himself to the doll with superglue from the hand cream jar. Eddie returns intending to kill him to claim the £15,000. He helps remove the doll, then tries to poison Richie, albeit unsuccessfully. When Richie himself reads the solicitors' letter, he discovers that the £15,000 is actually a debt Richie owes, as his uncle never paid it during his lifetime. He resigns himself to suicide, but not before Eddie has tricked him into signing a marriage certificate (assuming it was an adoption certificate and that such a bond will entitle him to the money). The play ends with Eddie realising his mistake, and the pair apparently electrocute themselves to avoid paying the debt that they both now owe.