Hi Spec Roofing Systems Ltd

Key Facts

Net Assets

Current: £46,187

Previous: £21,762

Change: +24,425 (+112.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £71,727

Previous: £73,600

Change: -£1,873 (-2.5%)

Comment: Current assets decreased slightly.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £40,347

Previous: £9,351

Change: +£30,996 (+331.5%)

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

Net Current Assets Liabilities

Current: £31,380

Previous: £15,652

Change: +£15,728 (+100.5%)

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

Fixed Assets

Current: £14,807

Previous: £15,461

Change: -£654 (-4.2%)

Comment: Fixed assets decreased slightly.

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: 6

Previous: 4

Change: +2 (+50%)

Comment: Strengthening the team.