Principle Roofing Limited

Key Facts

Net Assets

Current: £287,586

Previous: £197,592

Change: +89,994 (+45.5%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £592,305

Previous: £680,548

Change: -£88,243 (-13%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £314,339

Previous: £525,466

Change: -£211,127 (-40.2%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £277,966

Previous: £155,082

Change: +£122,884 (+79.2%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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: 8

Change: -2 (-25%)

Comment: Trimmed the team by 2 people.