ADVANCED GAS UTILITIES LTD

Executive Summary

Advanced Gas Utilities Ltd shows a positive financial position with growing net assets and strong working capital, supported by timely filings and compliance. However, limited financial disclosures and a single director structure warrant further investigation into operational stability and detailed financial performance. Overall, the company currently presents a low solvency and liquidity risk profile.

ADVANCED GAS UTILITIES LTD - Analysis Report

Company Number: 13158566

Analysis Date: 2025-07-29 20:58 UTC

1. Risk Rating: LOW
   The company demonstrates positive net asset growth, strong working capital, and timely filings, indicating low financial risk at this stage.

2. Key Concerns:

• Limited Financial Disclosure: The company files micro-entity accounts with minimal detail, limiting insight into profitability and cash flows.
• High Dependence on a Single Director: Only one director is listed, which may pose governance risks or operational continuity concerns.
• Relatively New and Small Scale: Incorporated in 2021 with only one employee, the company may face challenges scaling or with operational sustainability.

3. Positive Indicators:

• Consistent Growth in Net Assets: Net assets increased from £41,192 (2021) to £198,691 (2024), indicating accumulated retained earnings or capital injections.
• Strong Net Current Assets Position: Significant positive working capital (£169,699 at 2024 year-end) suggests good short-term liquidity.
• No Overdue Filings: Both accounts and confirmation statements are current, reflecting good regulatory compliance.

4. Due Diligence Notes:

• Profitability and Cash Flow Details: Request full profit and loss accounts or management accounts to assess earnings quality and cash flow sufficiency.
• Debt Structure: Clarify the nature of creditors falling due after more than one year (£23,954) to understand long-term obligations.
• Director Background and Controls: Conduct background checks on the sole director and review governance policies, especially as the company is small and closely held.
• Business Model and Market Position: Understand the operational aspects and order book to assess sustainability given the SIC code for specialised construction activities.