Watts & Sons Roofing Ltd

Key Facts

Net Assets

Current: £89,823

Previous: £133,534

Change: -43,711 (-32.7%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £156,070

Previous: £205,668

Change: -£49,598 (-24.1%)

Comment: Current assets reduced noticeably.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: £2,053

Previous: £11,596

Change: -£9,543 (-82.3%)

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

Net Current Assets Liabilities

Current: £52,883

Previous: £101,966

Change: -£49,083 (-48.1%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £38,993

Previous: £43,164

Change: -£4,171 (-9.7%)

Comment: Fixed assets decreased slightly.

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: 6

Previous: 5

Change: +1 (+20%)

Comment: Added a helper.