Mf Flat Roofing Systems Ltd

Key Facts

Net Assets

Current: £381

Previous: £6,166

Change: -5,785 (-93.8%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £115,736

Previous: £148,383

Change: -£32,647 (-22%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £46,860

Previous: £364

Change: +£46,496 (+12773.6%)

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

Net Current Assets Liabilities

Current: £1,111

Previous: £717

Change: +£394 (+55%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £46,130

Previous: £11,707

Change: +£34,423 (+294%)

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: 4

Previous: 2

Change: +2 (+100%)

Comment: Strengthening the team.