AIS ELECTRICAL SERVICES LIMITED
Executive Summary
AIS Electrical Services Limited is a newly incorporated micro private company with a very limited financial track record. The business shows compliance with filing requirements and maintains positive net current assets, indicating low immediate solvency risk. However, the small capital base and single-person control warrant further due diligence to assess operational viability and governance robustness.
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This analysis is opinion only and should not be interpreted as financial advice.
AIS ELECTRICAL SERVICES LIMITED - Analysis Report
Risk Rating: LOW
Given the company's very recent incorporation (November 2023) and its micro-entity status with positive net current assets, the solvency and liquidity risk currently appear low. There are no overdue filings or indications of financial distress.Key Concerns:
- Limited Operating History: The company has only been trading for approximately one year, which constrains the ability to assess operational stability and financial performance trends.
- Minimal Financial Scale: Total assets less current liabilities and shareholders’ funds stand at £276, indicating a very small capital base that may limit operational flexibility or resilience to adverse events.
- Single Director and PSC Concentration: The sole director and 100% controlling shareholder is Mr. Andrew Sanderson, which may raise concerns regarding governance, potential conflicts of interest, and dependency on one individual.
- Positive Indicators:
- Current Filing Compliance: Accounts and confirmation statements are filed on time with no overdue filings, indicating sound regulatory compliance to date.
- Positive Net Current Assets: Although small, net current assets are positive (£276), suggesting the company can currently meet short-term liabilities.
- Clear Industry Focus: The SIC code 43210 identifies the company as engaged in electrical installation, a defined and established sector with ongoing demand.
- Due Diligence Notes:
- Review Detailed Financials When Available: As only basic balance sheet data is available, further investigation should seek profit and loss details, cash flow statements, and any notes on contingent liabilities or commitments.
- Director Background Check: Confirm the absence of any director disqualifications, adverse credit history, or regulatory sanctions concerning Mr. Sanderson.
- Business Plan and Revenue Pipeline: Evaluate the company’s business model, client base, contracts, and growth prospects given the very limited trading history.
- Capitalization and Funding Sources: Verify whether the initial capital of £276 is sufficient for planned operations and if additional financing arrangements exist or are anticipated.
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