A F UPTON TRANSPORT LIMITED

Executive Summary

A F Upton Transport Limited operates as a micro-entity in road freight transport with positive net equity but ongoing negative working capital indicating liquidity risk. The company maintains compliance with filing obligations and has a clear ownership structure, but limited financial disclosure restricts full operational assessment. Further investigation into cash flows and asset changes is recommended to better understand financial stability.

A F UPTON TRANSPORT LIMITED - Analysis Report

Company Number: 14070852

Analysis Date: 2025-07-29 16:15 UTC

1. Risk Rating: MEDIUM
   The company shows moderate solvency risk due to persistent net current liabilities, although it maintains positive net assets and shareholder funds. The micro-entity status and limited available financial data restrict a fuller assessment, but working capital deficits are a concern.

2. Key Concerns:

• Negative Net Current Assets: The company has a net current liability position (£30,710 as of 2024) indicating potential liquidity pressure to meet short-term obligations.
• Declining Fixed Assets: Fixed assets fell from £194,447 in 2023 to £160,448 in 2024, which may indicate asset disposals or depreciation impacting operational capacity.
• Small Scale and Limited Financial Disclosure: As a micro-entity, financial reporting is minimal, with no profit and loss account filed publicly, limiting transparency on operational performance and cash flow generation.

3. Positive Indicators:

• Positive Net Assets and Shareholders’ Funds: Despite liquidity challenges, shareholders’ equity increased from £87,597 (2023) to £128,423 (2024), suggesting some capital injections or retained earnings.
• Compliance with Filing Deadlines: Accounts and confirmation statements are up to date with no overdue filings, reflecting good governance practices.
• Established Control Structure: One PSC holds majority ownership (75-100%) and active directorship, providing clear accountability and streamlined decision-making.

4. Due Diligence Notes:

• Investigate the causes of persistent current liabilities exceeding current assets and assess the company’s cash flow situation and creditor terms.
• Review internal management accounts or profit and loss data not publicly filed to understand operating profitability and cash generation.
• Clarify the nature and reason for the decrease in fixed assets to determine impact on operational capacity.
• Assess director experience and background relative to freight transport industry risks and operational management.
• Confirm any off-balance sheet liabilities or contingent risks not disclosed in micro-entity accounts.