Ace Roofing Co Ltd

Key Facts

Net Assets

Current: £7,003

Previous: £12,029

Change: -5,026 (-41.8%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £31,573

Previous: £57,828

Change: -£26,255 (-45.4%)

Comment: Current assets fell significantly.

Cash

Current: £12,717

Previous: £8,963

Change: +£3,754 (+41.9%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £14,860

Previous: £6,849

Change: +£8,011 (+117%)

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

Net Current Assets Liabilities

Current: £10,465

Previous: £15,748

Change: -£5,283 (-33.5%)

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

Fixed Assets

Current: £32,328

Previous: £3,130

Change: +£29,198 (+932.8%)

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.