BROWSEREALESTATE LTD
Executive Summary
BROWSEREALESTATE LTD is a very recently incorporated micro-entity with a clean balance sheet and no liabilities, indicating low immediate financial risk. However, the company’s operational scale is minimal with no employees and limited assets, and its sustainability cannot yet be assessed due to lack of trading history. Ongoing monitoring of financial filings and business activity is recommended to better evaluate future risk.
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This analysis is opinion only and should not be interpreted as financial advice.
BROWSEREALESTATE LTD - Analysis Report
Risk Rating: LOW
The company is newly incorporated (June 2023) and has filed its first micro-entity accounts timely with no overdue filings. It shows positive net assets and no current liabilities, indicating an absence of immediate solvency issues.Key Concerns:
- Limited operating history: Being less than one year old, the company has minimal financial track record to assess operational sustainability or revenue-generating capacity.
- No employees and minimal asset base: The company has no staff and relatively low fixed and current assets, which may signal limited operational scale or activity at this stage.
- Single director and shareholder control: Complete ownership and control by one individual may increase governance risk and limit oversight.
- Positive Indicators:
- Clean balance sheet with no liabilities: Current liabilities are zero, and net current assets are positive, suggesting no immediate liquidity concerns.
- Timely compliance: Accounts and confirmation statement are filed well within deadlines, indicating good regulatory adherence.
- Clear ownership and management: The sole director and 75-100% shareholder are identified, streamlining decision-making and accountability.
- Due Diligence Notes:
- Investigate the company’s business plan and how it intends to generate revenue given the minimal asset base and no employees.
- Confirm the source and nature of the £23,940 shareholders’ funds to ensure they are legitimate and sufficient to fund initial operations.
- Monitor future filings for evidence of trading activity and financial performance to assess operational viability.
- Assess any related party transactions or dependencies on the sole director/shareholder for ongoing funding or guarantees.
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