L & G Roofing Ltd

Key Facts

Net Assets

Current: £63,666

Previous: £67,097

Change: -3,431 (-5.1%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £443,295

Previous: £362,729

Change: +£80,566 (+22.2%)

Comment: Current assets grew moderately.

Cash

Current: £42,735

Previous: £111,840

Change: -£69,105 (-61.8%)

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

Creditors 1 Year

Current: £382,749

Previous: £244,128

Change: +£138,621 (+56.8%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £60,546

Previous: £118,601

Change: -£58,055 (-48.9%)

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

Fixed Assets

Current: £47,351

Previous: £1,767

Change: +£45,584 (+2579.7%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.