Company Number: 12815454

Analysis Date: 2025-07-19 12:53 UTC

1. Risk Rating: LOW
   BEBARICO LTD demonstrates a stable financial position with positive net assets and net current assets, no overdue filings, and no indication of operational or regulatory distress. The company’s financials, though limited due to micro-entity reporting, show consistent asset values and modest liabilities.

2. Key Concerns:

• Debt Maturity Profile: While current liabilities are covered by current assets, there is a relatively significant amount of creditors due after more than one year (£108,481 in 2024), which warrants review to ensure these long-term obligations are manageable relative to cash flow.
• Limited Financial Detail: As a micro-entity, the company’s accounts exclude detailed profit and loss information, limiting insight into operational profitability and cash flow trends.
• No Employees: The absence of employees beyond directors may imply reliance on directors or external contractors, which could affect operational scalability or continuity.

3. Positive Indicators:

• Solvency and Liquidity: Net current assets improved from £91,245 in 2023 to £137,122 in 2024, indicating stronger short-term liquidity. Net assets rose from £206,603 to £254,459, showing growth in equity.
• Timely Compliance: All statutory filings including accounts and confirmation statements are up to date, indicating good governance and compliance.
• Stable Asset Base: Fixed assets have remained constant at £225,818 over five years, suggesting a stable investment in core operational assets.

4. Due Diligence Notes:

• Obtain or request management accounts or cash flow statements to understand operational profitability and cash flow generation, critical for assessing ongoing liquidity and debt servicing capacity.
• Review terms and maturity schedules of long-term creditors to assess refinancing risk or potential liquidity strain.
• Clarify the nature of operations and confirm the business model given the SIC code (letting and operating own or leased real estate) and the absence of employees, including whether directors perform operational roles or if services are outsourced.
• Confirm any contingent liabilities or off-balance-sheet obligations that may affect solvency.