Smiths Asphalt & Flat Roofing Ltd

Key Facts

Net Assets

Current: £2,025

Previous: £2,023

Change: +2 (+0.1%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £3,993

Previous: £62,238

Change: -£58,245 (-93.6%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £11,501

Previous: £10,863

Change: +£638 (+5.9%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £2,160

Previous: £1,321

Change: +£839 (+63.5%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £11,366

Previous: £14,207

Change: -£2,841 (-20%)

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: 1

Change: +0 (+0%)

Comment: No change in team size.