ALEX DEWHURST CONSTRUCTION LIMITED

Executive Summary

Alex Dewhurst Construction Limited, a micro-entity construction firm incorporated in 2022, demonstrates a low risk profile based on its positive net assets, absence of current liabilities, and compliance with filing requirements. While the company’s short operating history and sole director structure warrant further review, current financial data indicate adequate liquidity and solvency for its scale of operations.

ALEX DEWHURST CONSTRUCTION LIMITED - Analysis Report

Company Number: 13853134

Analysis Date: 2025-07-20 13:02 UTC

1. Risk Rating: LOW
   The company shows positive net current assets and net assets in the latest financial year, no current liabilities recorded, and is compliant with filing deadlines. The micro-entity status limits disclosure but the balance sheet indicates financial stability for a newly incorporated construction business.

2. Key Concerns:

• Decline in Fixed Assets: Fixed assets decreased from £40,000 in 2023 to £30,000 in 2024, which may suggest disposals or impairments needing clarification.
• Limited Operating History: Incorporated in 2022 with only two years of financial data limits visibility on longer-term operational sustainability.
• Single Director and Employee: Governance and operational continuity risk due to sole director and only one employee reported.

3. Positive Indicators:

• Positive net current assets of £5,457 in the latest year, indicating sufficient short-term liquidity to meet obligations.
• No current liabilities reported in the latest accounts, reducing solvency risk concerns.
• On-time filings for accounts and confirmation statements, demonstrating regulatory compliance and good governance discipline.
• Majority ownership and control concentrated in one individual, potentially enabling decisive management actions.

4. Due Diligence Notes:

• Investigate reasons behind the reduction in fixed assets between 2023 and 2024 and assess impact on operational capacity.
• Review cash flow statements or bank statements (if available) to confirm liquidity beyond balance sheet figures.
• Understand client base, contract pipeline, and revenue trends to evaluate sustainability of business operations.
• Verify any contingent liabilities or off-balance sheet items not disclosed in micro-entity accounts.
• Assess background and financial standing of the sole director for governance risk.