BRADLEY PROPERTY DEVELOPMENTS LIMITED

Executive Summary

Bradley Property Developments Limited exhibits a fragile financial profile characterized by negative net assets and poor liquidity, raising significant concerns over its ability to service debt. The absence of growth or operational activity since incorporation further undermines creditworthiness. Given these factors, credit facilities are not recommended without substantial financial improvement or guarantees.

BRADLEY PROPERTY DEVELOPMENTS LIMITED - Analysis Report

Company Number: 13600777

Analysis Date: 2025-07-29 12:17 UTC

1. Credit Opinion: DECLINE
   Bradley Property Developments Limited shows a persistently weak financial position with net liabilities of £4,748 as at 30 September 2024. The company’s current liabilities of £123,941 greatly exceed its current assets of only £716, indicating poor liquidity and a high risk of inability to meet short-term obligations. There is no evidence of operational income or employees, and the company has reported the same stagnant financials over multiple years since incorporation. This lack of financial growth and inability to generate positive working capital or equity undermines confidence in their capacity to service debt or sustain credit facilities.

2. Financial Strength:
   The balance sheet reveals a fixed asset base of £118,477, likely property-related given their real estate SIC code, but this is heavily offset by current liabilities of £123,941. The company’s net current assets are deeply negative (-£123,225), signaling severe working capital deficiency. Net assets and shareholder funds are negative (-£4,748), reflecting accumulated losses or funding shortfalls. There is no indication of retained earnings or profitability, and no improvement over the prior years’ filings. This weak equity base and negative net worth indicate poor financial resilience.

3. Cash Flow Assessment:
   Current assets of only £716, presumably mostly cash or receivables, are insufficient to cover the short-term liabilities. The absence of employees and stagnant asset values suggest minimal operational activity or cash inflows. The company’s liquidity position is precarious, with a current ratio far below 1, indicating a high risk of default on immediate payables. Without clear evidence of positive cash flows or capital injections, the company’s ability to meet ongoing obligations is questionable.

4. Monitoring Points:

• Monitor any changes in current liabilities and whether these are being settled or accumulating further.
• Track filings for signs of operational revenues or increased current assets to improve liquidity.
• Watch for director or shareholder capital injections to bolster net assets.
• Review upcoming accounts and confirmation statements for any indication of business strategy changes or restructuring.