Wallace Roofing And Building Limited

Key Facts

Net Assets

Current: £148,846

Previous: £172,443

Change: -23,597 (-13.7%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £3,514,310

Previous: £3,475,270

Change: +£39,040 (+1.1%)

Comment: Current assets increased slightly.

Cash

Current: £57,591

Previous: £25,655

Change: +£31,936 (+124.5%)

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

Creditors 1 Year

Current: £3,523,576

Previous: £3,481,486

Change: +£42,090 (+1.2%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £9,266

Previous: £6,216

Change: +£3,050 (+49.1%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £195,200

Previous: £220,566

Change: -£25,366 (-11.5%)

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: Not reported

Previous: 8

Comment: Not reported