Old Town Roofing And Building Company Ltd

Key Facts

Net Assets

Current: £10,606

Previous: £6,265

Change: +4,341 (+69.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £15,424

Previous: £28,512

Change: -£13,088 (-45.9%)

Comment: Current assets fell significantly.

Cash

Current: £3,500

Previous: £23,292

Change: -£19,792 (-85%)

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

Creditors 1 Year

Current: £14,047

Previous: £32,920

Change: -£18,873 (-57.3%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £1,377

Previous: £4,408

Change: -£3,031 (-68.8%)

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

Fixed Assets

Current: £32,789

Previous: £39,766

Change: -£6,977 (-17.5%)

Comment: Fixed assets reduced noticeably.

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: 2

Change: -1 (-50%)

Comment: Lost a team member.