BROCKFORD ROAD (MERE VIEW) MANAGEMENT COMPANY LIMITED

Executive Summary

Brockford Road (Mere View) Management Company Limited is a newly incorporated micro-entity operating as a property management company limited by guarantee. Current financials show no net assets or equity, which is not unusual for its size and structure but warrants monitoring for liquidity and solvency risks. The company’s compliance record and majority control by Pryde Homes Limited provide some operational stability, although further due diligence on financial sustainability and contractual arrangements is recommended.

BROCKFORD ROAD (MERE VIEW) MANAGEMENT COMPANY LIMITED - Analysis Report

Company Number: 14356645

Analysis Date: 2025-07-20 15:27 UTC

1. Risk Rating: LOW
   The company shows neutral financials with zero net assets and no retained earnings or losses, which is typical for a micro-entity limited by guarantee with no share capital. There are no overdue filings or signs of operational distress. The company is active with a corporate secretary engaged. The presence of a controlling entity (Pryde Homes Limited) with significant control provides some governance reassurance.

2. Key Concerns:

• The company’s balance sheet shows no net assets or reserves, implying it operates on a break-even or minimal basis without capital buffer. This could pose solvency risks if unexpected liabilities arise.
• No employees and minimal current assets (£1,745) against equal current liabilities indicate very limited operational scale and potential liquidity constraints.
• Limited financial disclosures and lack of profit & loss data restrict insight into revenue generation or cash flow sustainability.

3. Positive Indicators:

• Filing of accounts and confirmation statements are up to date with no overdue penalties, reflecting compliance and good governance.
• The company is a private company limited by guarantee, which typically limits financial risk to members and suits property management activities.
• Control by a corporate entity (Pryde Homes Limited) with majority voting rights and appointment powers suggests a structured oversight framework.

4. Due Diligence Notes:

• Verify the nature and timing of the company’s liabilities and how they are managed given the zero net asset position.
• Investigate the contractual relationship with Pryde Homes Limited to understand financial support or operational dependency.
• Review cash flow statements or bank balances where available to confirm liquidity status beyond the static balance sheet snapshot.
• Confirm the company’s business model, income sources (e.g., management fees), and any contingent liabilities not reflected in the filings.
• Ascertain whether the company has any plans for growth or capital injection given its micro-entity status and limited financial base.