Morse Roofing And Scaffolding Ltd

Key Facts

Net Assets

Current: £82,423

Previous: £304

Change: +82,119 (+27012.8%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £321,444

Previous: £537,767

Change: -£216,323 (-40.2%)

Comment: Current assets fell significantly.

Cash

Current: £40,165

Previous: £11,547

Change: +£28,618 (+247.8%)

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

Creditors 1 Year

Current: £136,281

Previous: £227,494

Change: -£91,213 (-40.1%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £168,045

Previous: £21,071

Change: +£146,974 (+697.5%)

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: 22

Previous: 23

Change: -1 (-4.3%)

Comment: A slight contraction.