Mg Roofing & Services Ltd

Key Facts

Net Assets

Current: £4,819

Previous: £695

Change: +4,124 (+593.4%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £12,843

Previous: £4,204

Change: +£8,639 (+205.5%)

Comment: Current assets increased significantly.

Cash

Current: £3,774

Previous: £14

Change: +£3,760 (+26857.1%)

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

Creditors 1 Year

Current: £8,024

Previous: £3,509

Change: +£4,515 (+128.7%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £4,819

Previous: £695

Change: +£4,124 (+593.4%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.