Richardson Roofing & Cladding Ltd

Key Facts

Net Assets

Current: £9,708

Previous: £36,259

Change: -26,551 (-73.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £38,076

Previous: £54,891

Change: -£16,815 (-30.6%)

Comment: Current assets fell significantly.

Cash

Current: £491

Previous: £25,764

Change: -£25,273 (-98.1%)

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

Creditors 1 Year

Current: £38,700

Previous: £29,292

Change: +£9,408 (+32.1%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £624

Previous: £25,599

Change: -£24,975 (-97.6%)

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

Fixed Assets

Current: £12,767

Previous: £13,171

Change: -£404 (-3.1%)

Comment: Fixed assets decreased slightly.

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.