BETTER HOME JH BUILDING AND MAINTENANCE LIMITED
Executive Summary
BETTER HOME JH BUILDING AND MAINTENANCE LIMITED is a recently formed micro-entity with a solid working capital position and compliant filing history, indicating low immediate risk. However, its limited trading history and modest asset base require careful monitoring, especially regarding accruals and deferred income. Overall, initial indicators suggest operational stability with no current regulatory concerns.
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This analysis is opinion only and should not be interpreted as financial advice.
BETTER HOME JH BUILDING AND MAINTENANCE LIMITED - Analysis Report
Risk Rating: LOW
The company is newly incorporated with timely filings, positive net current assets, and no overdue accounts or confirmation statements, indicating good initial financial and compliance standing.Key Concerns:
- Limited Operating History: Incorporated in late 2022, the company has only one financial period, limiting trend analysis and long-term risk assessment.
- Modest Asset Base: Fixed assets and net assets are minimal (£1,349 and £2,284 respectively), suggesting limited capital investment and potentially constrained operational scale.
- Accruals and Deferred Income: The presence of £3,500 in accruals and deferred income that reduces net assets warrants review to understand the nature and timing of these liabilities or income recognition.
- Positive Indicators:
- Strong Working Capital Position: Net current assets of £4,435 indicate the company has more current assets than current liabilities, supporting short-term liquidity.
- Compliance and Governance: Accounts and confirmation statements are up to date with no overdue filings, reflecting good regulatory compliance.
- Clear Ownership and Control: 100% ownership and control by a single director/shareholder facilitates straightforward governance and decision-making.
- Due Diligence Notes:
- Investigate the nature of accruals and deferred income to assess any timing or recognition risks.
- Review operational plans and contracts to understand revenue generation potential given the limited asset base and startup status.
- Confirm cash flow projections or bank statements to validate liquidity beyond balance sheet figures.
- Evaluate any related party transactions or director loans given sole director/shareholder structure.
- Monitor future filings for evidence of business growth or emerging financial stress.
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