ASSET MANAGEMENT AND STORAGE SERVICES LTD

Executive Summary

Asset Management and Storage Services Ltd demonstrates a high risk profile due to persistent negative working capital and equity deficits. While compliant with filing obligations, the company’s financial position suggests liquidity challenges and operational sustainability concerns. Further detailed investigation into liabilities and management plans is essential before considering investment.

ASSET MANAGEMENT AND STORAGE SERVICES LTD - Analysis Report

Company Number: 12582484

Analysis Date: 2025-07-20 15:59 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns, with consistently negative net current assets and shareholders’ funds over multiple years. The magnitude of negative equity and working capital deficits indicates financial distress and an inability to meet short-term obligations without external intervention.

2. Key Concerns:

• Persistent and increasing net current liabilities: The current liabilities (£21,494 in 2024) substantially exceed current assets (£4,543), producing a net current liability of -£16,951. This gap has widened compared to prior years, posing high liquidity risk.
• Negative shareholders’ funds: The company’s equity position is deeply negative (-£16,394 in 2024), reflecting accumulated losses and potential insolvency risk if not remedied.
• Lack of employees and minimal fixed assets: The absence of employees suggests limited operational activity; combined with minimal fixed assets (£557), this raises questions about the sustainability of business operations and revenue generation.

3. Positive Indicators:

• Up-to-date statutory filings: Accounts and confirmation statements are filed on time, indicating compliance with Companies House requirements.
• Active company status: The company remains active and not in liquidation or administration, leaving room for potential restructuring or improvement.
• Micro-entity reporting: The use of micro-entity accounting provisions simplifies financial reporting and may reduce administrative burden.

4. Due Diligence Notes:

• Investigate the nature and maturity profile of current liabilities to assess repayment obligations and potential refinancing needs.
• Review management’s plans or strategies to address negative equity and improve liquidity, including any capital injections or operational changes.
• Examine cash flow statements or bank statements (not provided) to evaluate actual cash availability and operational cash flows.
• Clarify business model viability given zero employees and limited fixed assets—confirm whether the company outsources operations or is dormant in practice.
• Assess the background and track record of the sole director, Mrs. Gina Elizabeth Baldwin, for operational capability and governance.
• Verify if there are any contingent liabilities or off-balance-sheet obligations not disclosed in the micro-entity accounts.