Spanswift Roofing Contractors Limitedspan

Key Facts

Net Assets

Current: £960,912

Previous: £800,100

Change: +160,812 (+20.1%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £7,448,842

Previous: £8,550,755

Change: -£1,101,913 (-12.9%)

Comment: Current assets reduced noticeably.

Cash

Current: £241,402

Previous: £246,105

Change: -£4,703 (-1.9%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £112,506

Previous: £8,550,917

Change: -£8,438,411 (-98.7%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £385,780

Previous: £162

Change: +£385,618 (+238035.8%)

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

Fixed Assets

Current: £687,638

Previous: £800,262

Change: -£112,624 (-14.1%)

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: 26

Previous: 28

Change: -2 (-7.1%)

Comment: A slight contraction.