AM ELITE CONTRACTS LTD

Executive Summary

AM Elite Contracts Ltd is a recently incorporated active construction business with strong net assets and no regulatory compliance issues. While cash reserves have decreased, the company maintains solvency and governance standards. Further review of operational cash flow and business model is advised to confirm ongoing viability.

AM ELITE CONTRACTS LTD - Analysis Report

Company Number: NI687489

Analysis Date: 2025-07-20 17:28 UTC

1. Risk Rating: LOW
   AM Elite Contracts Ltd demonstrates a solid equity base with net current assets well above current liabilities. The company is active, compliant with filing deadlines, and shows no signs of distress or regulatory issues.

2. Key Concerns:

• Declining cash balance from £31,171 in 2023 to £15,002 in 2024 could indicate increased cash outflows or investments that should be monitored.
• Absence of employees may suggest reliance on subcontractors or the director alone, potentially limiting operational scalability and continuity.
• Limited financial history due to recent incorporation (April 2022) restricts trend analysis and long-term performance assessment.

3. Positive Indicators:

• Shareholder funds remain positive and robust at £13,338 as of April 2024, indicating solvency and a positive net asset position.
• The company has met all filing obligations on time, indicating good governance and regulatory compliance.
• Director holds full control and appears to be actively engaged with no disqualifications or adverse records noted.

4. Due Diligence Notes:

• Review the company's income statement and cash flow details (not filed publicly) to understand the cause of cash reduction and operational profitability.
• Investigate business model given zero employees reported; assess subcontractor usage and associated risks.
• Confirm the nature and timing of contracts secured in the construction sector to assess sustainability and revenue visibility.