First Rate Roofing Ltd

Key Facts

Net Assets

Current: £146,126

Previous: £34,779

Change: +111,347 (+320.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £163,926

Previous: £61,400

Change: +£102,526 (+167%)

Comment: Current assets increased significantly.

Cash

Current: £153,926

Previous: £61,400

Change: +£92,526 (+150.7%)

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

Creditors 1 Year

Current: £83,760

Previous: £76,376

Change: +£7,384 (+9.7%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £80,166

Previous: £14,976

Change: +£65,190 (+435.3%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £73,417

Previous: £60,471

Change: +£12,946 (+21.4%)

Comment: Fixed assets grew steadily.

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.