Hip Roofing Ltd

Key Facts

Net Assets

Current: £100

Previous: £4,819

Change: -4,719 (-97.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £52,318

Previous: £29,799

Change: +£22,519 (+75.6%)

Comment: Current assets increased significantly.

Cash

Current: £15,363

Previous: £18,799

Change: -£3,436 (-18.3%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £36,779

Previous: £43,365

Change: -£6,586 (-15.2%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £2,454

Previous: £12,816

Change: -£10,362 (-80.9%)

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

Fixed Assets

Current: £39,333

Previous: £61,000

Change: -£21,667 (-35.5%)

Comment: Fixed assets fell 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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.