Company Number: 13297562

Analysis Date: 2025-07-29 14:27 UTC

1. Risk Rating: MEDIUM

Justification: Ansco Group Limited is an active private limited company incorporated in 2021, operating in road and motorway construction. The company has filed up-to-date accounts that show growth in fixed assets and equity, but there is an emerging concern regarding increased current liabilities and trade creditors. The financials and filings do not indicate immediate distress but highlight moderate liquidity and operational risks requiring monitoring.

2. Key Concerns:

• Significant Increase in Current Liabilities: Current liabilities rose sharply from a negative £5,346 in 2022 to £56,098 in 2023, driven by a large increase in "other creditors" (£441 to £86,926). This unusual jump may indicate delayed payments or short-term financing needs.
• Tax and Social Security Payables: Taxation and social security creditors increased from £5,787 to £30,828, which might suggest cash flow constraints or timing delays in statutory payments.
• Limited Share Capital and Ownership Concentration: The company’s share capital is minimal (£2), and control is concentrated wholly with Mrs Aisling Marie-Claire Cason, which could pose governance risks and limit external oversight.

3. Positive Indicators:

• Growing Net Assets and Shareholders’ Funds: Shareholders’ funds increased from £70,997 in 2022 to £96,427 in 2023, indicating retained earnings accumulation and potential profitability.
• Positive Net Current Assets: Despite the increase in current liabilities, the company maintains positive net current assets (£24,341), reflecting a buffer to meet short-term obligations.
• Up-to-date Filings and No Overdue Returns: Accounts and confirmation statements are filed on time, indicating regulatory compliance and good governance practices.
• Increased Fixed Assets Investment: The company has invested in plant and machinery, with net book value increasing to £72,086, supporting operational capacity growth.
• Business Activity and Market Presence: The company operates in a specialized sector (road marking) with an active website and contact details, suggesting ongoing commercial activity.

4. Due Diligence Notes:

• Investigate the nature and aging of the large increase in “other creditors” to understand if these are trade payables, loans, or deferred payments.
• Confirm the reasons for the rise in tax and social security creditors and whether there are any payment plans or disputes with HMRC.
• Review cash flow statements (if available) to assess liquidity trends and working capital management.
• Assess director and shareholder dynamics, including any related party transactions or guarantees given the ownership concentration.
• Clarify the company’s revenue and profitability trends beyond balance sheet data, as income statements were not filed.
• Confirm no director disqualifications, litigation, or contingent liabilities exist that could impact solvency.