Ace Roofing And Building Limited

Key Facts

Net Assets

Current: £27,308

Previous: £19,218

Change: +8,090 (+42.1%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £24,772

Previous: £34,798

Change: -£10,026 (-28.8%)

Comment: Current assets reduced noticeably.

Cash

Current: £4,485

Previous: £1,298

Change: +£3,187 (+245.5%)

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

Creditors 1 Year

Current: £25,901

Previous: £18,631

Change: +£7,270 (+39%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £1,129

Previous: £16,167

Change: -£15,038 (-93%)

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

Fixed Assets

Current: £29,270

Previous: £13,785

Change: +£15,485 (+112.3%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.