BEDFORD BODY SHOP HOLDINGS LIMITED

Executive Summary

Bedford Body Shop Holdings Limited maintains a stable net asset base with compliant filings, but limited financial disclosures and concentration of assets restrict a full assessment of its financial health. The company demonstrates operational continuity and governance adherence; however, further information on profitability, liquidity, and ownership structure is necessary to fully evaluate investment risk. Caution is advised until additional due diligence is completed.

BEDFORD BODY SHOP HOLDINGS LIMITED - Analysis Report

Company Number: 12923321

Analysis Date: 2025-07-20 13:10 UTC

1. Risk Rating: MEDIUM
   The company shows stable shareholders' funds and total assets less current liabilities of £1.1 million consistently over five years, indicating solidity in net asset terms. However, the financial statements are filleted and exclude profit and loss or cash flow data, limiting assessment of operational cash flows and profitability. The presence of a single large investment asset raises concentration risk, and lack of detailed financial disclosures increases uncertainty.

2. Key Concerns:

• Limited Financial Disclosure: Absence of income statement and cash flow details restricts evaluation of profitability and liquidity, crucial for assessing ongoing operations and solvency.
• Concentration Risk: The entire net asset value is held in fixed asset investments (£1.1 million) with no indication of diversification or income generation, raising questions on asset liquidity and operational funding.
• Lack of PSC Data: No persons with significant control are disclosed, which may indicate incomplete transparency or ownership complexity, potentially complicating governance and accountability.

3. Positive Indicators:

• Consistent Net Asset Position: Shareholders’ funds and net assets have remained stable at £1.1 million over multiple years, suggesting no erosion of capital and an absence of reported losses.
• Compliance with Filing Deadlines: The company is current with both accounts and confirmation statement filings, indicating good regulatory compliance and governance discipline.
• Experienced Board: Multiple directors with defined roles and stable appointments suggest operational continuity and established management.

4. Due Diligence Notes:

• Obtain full statutory accounts including profit and loss and cash flow statements to evaluate profitability, liquidity, and operational cash generation.
• Investigate the nature of the investment assets recorded at £1.1 million: their liquidity, valuation basis, and income contribution.
• Confirm the ultimate ownership structure and identify persons with significant control to assess governance and potential related party risks.
• Review any off-balance sheet liabilities or contingent risks not disclosed in filleted accounts.