Morethan Roofing Ltd

Key Facts

Net Assets

Current: £781,131

Previous: £747,660

Change: +33,471 (+4.5%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £24,970

Previous: £174,889

Change: -£149,919 (-85.7%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £21,460

Previous: £172,029

Change: -£150,569 (-87.5%)

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

Creditors 1 Year

Current: £341,030

Previous: £313,071

Change: +£27,959 (+8.9%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £316,060

Previous: £138,182

Change: +£177,878 (+128.7%)

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

Fixed Assets

Current: £1,097,191

Previous: £885,842

Change: +£211,349 (+23.9%)

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: 4

Previous: 4

Change: +0 (+0%)

Comment: No change in team size.