Smith Roofs Limited

Key Facts

Net Assets

Current: £7,235

Previous: £17,038

Change: -9,803 (-57.5%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £29,576

Previous: £18,770

Change: +£10,806 (+57.6%)

Comment: Current assets increased significantly.

Cash

Current: £15,137

Previous: £1,087

Change: +£14,050 (+1292.5%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £27,025

Previous: £38,785

Change: -£11,760 (-30.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £2,551

Previous: £20,015

Change: -£17,464 (-87.3%)

Comment: Net current assets dropped sharply, indicating a major decline 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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.