BUCKLEY HOMES LTD

Executive Summary

BUCKLEY HOMES LTD demonstrates some recovery in financial position in its latest year after prior negative equity and liquidity concerns. While current filings are up to date and solvency appears improved, historical volatility and limited scale present medium risk factors. Further investigation into asset valuations and liability fluctuations is recommended to fully assess operational stability.

BUCKLEY HOMES LTD - Analysis Report

Company Number: 13566457

Analysis Date: 2025-07-29 20:44 UTC

1. Risk Rating: MEDIUM
   BUCKLEY HOMES LTD shows recent improvement in net assets and working capital but has a history of negative equity and current liabilities issues. The micro-entity status limits the detail available, but current figures suggest some recovery. Ongoing monitoring is advised.

2. Key Concerns:

• Historical negative shareholders’ funds in 2022 and 2023 (-£7,722) indicate prior insolvency risk.
• Significant fluctuations in current liabilities (£5,945 in 2024 vs. £2,152 in 2023) and negative fixed assets figures raise questions about asset accounting or unusual transactions.
• Very small scale (2 employees) and low asset base may limit operational resilience and capacity for growth or absorbing shocks.

3. Positive Indicators:

• Latest financial year (2024) shows positive net current assets (£7,830) and positive shareholders’ funds (£1,001), indicating improved solvency and liquidity.
• Timely filing of accounts and confirmation statements with no overdue filings suggests compliance with regulatory requirements.
• The company has increased employee count from 1 to 2, showing some operational expansion.

4. Due Diligence Notes:

• Investigate the cause of negative fixed assets values and verify asset valuation methodology or accounting errors.
• Clarify the nature and timing of liabilities causing large swings in creditors and current liabilities.
• Review cash flow statements and management forecasts (if available) to assess ongoing liquidity and operational sustainability.
• Confirm whether the company has any contingent liabilities or off-balance sheet obligations not visible from the micro-entity accounts.
• Assess business model robustness given the small scale and limited financial resources.