BSURE PROPERTY RENOVATIONS LTD

Executive Summary

Bsure Property Renovations Ltd demonstrates a generally sound financial position for a young, small-scale construction business, with positive net assets and compliance with filing obligations. However, limited cash reserves and lack of disclosed revenue data necessitate further investigation into operational cash flows and contract stability to fully assess ongoing financial risk. Overall, the company appears solvent and compliant but remains dependent on effective liquidity and project execution.

BSURE PROPERTY RENOVATIONS LTD - Analysis Report

Company Number: 14062943

Analysis Date: 2025-07-19 12:34 UTC

1. Risk Rating: LOW to MEDIUM
   The company exhibits a stable net asset position with positive net current assets and no overdue filings, indicating compliance and operational continuity. However, the modest scale of operations, limited cash reserves, and small equity base warrant caution typical of a young, small construction firm.

2. Key Concerns:

• Modest Cash Reserves: Cash reduced from £50,055 to £39,466 year-on-year, which may constrain liquidity for operational needs or unforeseen expenses in a capital-intensive sector.
• Limited Scale and Capitalisation: Share capital is nominal (£2), and the company remains micro/small-sized with only two employees, which may limit operational resilience and growth capacity.
• Trade Debtor Absence: Complete elimination of trade debtors in the latest year could indicate either efficient collection or lack of ongoing receivables; the absence of a turnover figure makes it difficult to assess revenue generation and cash flow sustainability.

3. Positive Indicators:

• Positive Net Current Assets and Net Assets: Net current assets at £18,823 and net assets at £19,954 reflect a positive working capital and equity position, reducing immediate solvency risk.
• Timely Filing and Compliance: Accounts and confirmation statement filings are up to date with no overdue notices, suggesting good governance and regulatory compliance.
• Going Concern Basis: Directors have prepared accounts on a going concern basis without audit exemption concerns, suggesting confidence in operational continuity.

4. Due Diligence Notes:

• Revenue and Profitability Analysis: Obtain turnover and profit/loss figures to assess operational performance, given the absence of an income statement and the company’s exemption from audit.
• Cash Flow Trends and Forecasts: Review detailed cash flow statements and management forecasts to evaluate liquidity adequacy amid fluctuating cash balances.
• Client and Contract Pipeline: Investigate the nature and stability of contracts or projects given the construction industry’s project-based revenue and current absence of trade debtors.
• Director Backgrounds: Confirm no adverse director conduct records and assess management experience given the company’s recent incorporation and small management team.
• Contingent Liabilities and Provisions: Review notes on provisions and liabilities for any off-balance sheet risks or potential claims affecting solvency.