A C BINNS STORAGE LIMITED

Executive Summary

A C Binns Storage Limited presents a low financial risk profile with stable net assets and strong working capital. The company remains compliant with filing obligations and shows no signs of distress. However, limited financial disclosure and operational scale warrant further investigation to confirm ongoing business viability and cash flow sufficiency.

A C BINNS STORAGE LIMITED - Analysis Report

Company Number: 13002441

Analysis Date: 2025-07-20 13:40 UTC

1. Risk Rating: LOW
   The company exhibits a stable financial position based on the latest micro-entity accounts. Net assets have remained consistent, and current assets significantly exceed current liabilities, indicating a low solvency risk. There are no overdue filings or regulatory compliance issues.

2. Key Concerns:

• Minimal Share Capital: Share capital is nominal (£100), which is common in micro-entities but leaves limited equity buffer.
• No Employees: The company reports zero employees, which may indicate reliance on the director or outsourcing; this could affect operational scalability or sustainability.
• Limited Financial Detail: As a micro-entity, accounts are abridged and do not include profit and loss information, limiting visibility into profitability and cash flow dynamics.

3. Positive Indicators:

• Consistent Net Asset Position: Net assets have remained stable around £9,950 - £10,020 over the last three years, demonstrating no erosion of capital.
• Strong Working Capital: Current assets exceed current liabilities by over £8,900, indicating good short-term liquidity.
• Up-to-date Filings: Both annual accounts and confirmation statement are filed on time, suggesting compliance with regulatory requirements.

4. Due Diligence Notes:

• Review of Profitability and Cash Flow: Obtain full financial statements including P&L and cash flow to assess operational performance and liquidity beyond balance sheet snapshots.
• Director’s Background and Related Party Transactions: Investigate the director’s experience and any related party dealings given the sole director structure and zero employees.
• Business Model and Revenue Streams: Clarify the nature of business activities under SIC 82990 to understand revenue generation and sustainability with minimal fixed assets and staff.