ALBAN PROPERTIES LTD

Executive Summary

Alban Properties Ltd demonstrates concerning financial indicators, notably negative net assets and working capital deficits over recent years, suggesting elevated solvency and liquidity risks. While regulatory compliance is maintained, the company’s micro-scale operations and ongoing financial deficits warrant careful scrutiny of its operational sustainability and creditor exposure before investment consideration.

ALBAN PROPERTIES LTD - Analysis Report

Company Number: 12758290

Analysis Date: 2025-07-29 20:09 UTC

1. Risk Rating: HIGH
   The company exhibits consistent net liabilities and negative shareholders' funds over multiple years, indicating solvency concerns. Its net current liabilities position and lack of positive net assets suggest difficulty in meeting short-term obligations.

2. Key Concerns:

• Persistent negative net assets and shareholders' funds (around -£2,000 in recent years, with a more severe dip in 2023), reflecting ongoing financial losses or capital erosion.
• Current liabilities slightly exceed current assets, resulting in negative net current assets, which signals potential liquidity issues and challenges in covering short-term debts.
• Absence of employees other than directors and limited operational scale (micro-entity category) raises questions about the business's operational sustainability and growth prospects.

3. Positive Indicators:

• The company is compliant with filing deadlines for both annual accounts and confirmation statements, indicating good regulatory adherence and governance standards.
• Directors have maintained continuity since incorporation, suggesting stable leadership with relevant occupation experience (builders).
• The company benefits from micro-entity accounting exemptions, which reduces administrative burden and costs.

4. Due Diligence Notes:

• Investigate the nature and terms of the company’s current liabilities (£199,900) to understand the repayment schedule and creditor risk exposure.
• Review detailed profit and loss accounts and cash flow statements (not provided here) to assess operational cash generation and sources of recurring losses.
• Confirm if there are any contingent liabilities or off-balance-sheet exposures that could exacerbate financial risks.
• Consider the business model viability given no reported employees aside from directors and the industry segment (buying and selling own real estate).
• Assess the directors' plans or strategies for returning to profitability or improving the balance sheet position.