Watsons Roofing Ltd

Key Facts

Net Assets

Current: £553

Previous: £834

Change: -281 (-33.7%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £3,234

Previous: £16,965

Change: -£13,731 (-80.9%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £3,044

Previous: £16,096

Change: -£13,052 (-81.1%)

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

Creditors 1 Year

Current: £12,689

Previous: £30,810

Change: -£18,121 (-58.8%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £9,455

Previous: £13,845

Change: -£4,390 (-31.7%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £11,887

Previous: £17,184

Change: -£5,297 (-30.8%)

Comment: Fixed assets fell 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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.