Fagan & Son Roofing Ltd

Key Facts

Net Assets

Current: £13,544

Previous: £171

Change: +13,373 (+7820.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £21,700

Previous: £17,962

Change: +£3,738 (+20.8%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £18,091

Previous: £19,264

Change: -£1,173 (-6.1%)

Comment: Short‑term creditors decreased slightly.

Net Current Assets Liabilities

Current: £2,785

Previous: £5,451

Change: -£2,666 (-48.9%)

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

Fixed Assets

Current: £28,850

Previous: £13,984

Change: +£14,866 (+106.3%)

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: 3

Previous: 4

Change: -1 (-25%)

Comment: Lost a team member.