Elite Roofing Systems Ltd

Key Facts

Net Assets

Current: £73,754

Previous: £314,173

Change: -240,419 (-76.5%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £101,359

Previous: £504,319

Change: -£402,960 (-79.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £27,522

Previous: £306,489

Change: -£278,967 (-91%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £8,254

Previous: £24,744

Change: -£16,490 (-66.6%)

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

Net Current Assets Liabilities

Current: £49,453

Previous: £295,828

Change: -£246,375 (-83.3%)

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

Fixed Assets

Current: £32,555

Previous: £43,089

Change: -£10,534 (-24.4%)

Comment: Fixed assets reduced noticeably.

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: 3

Previous: 3

Change: +0 (+0%)

Comment: No change in team size.