C & C DEVELOPMENTS (YORK) LTD

Executive Summary

C & C Developments (York) Ltd exhibits a stable financial position with improving net current assets and compliance with filing obligations. While liquidity appears adequate, the company’s reliance on substantial debtors and limited audit oversight warrant further examination. Overall, the company presents a low solvency risk but would benefit from enhanced transparency on operational cash flows and debtor quality.

C & C DEVELOPMENTS (YORK) LTD - Analysis Report

Company Number: 12736115

Analysis Date: 2025-07-29 18:03 UTC

1. Risk Rating: LOW
   The company demonstrates a solid net current asset position that has improved year-on-year, with no overdue filings and a stable director structure. Its financials indicate adequate short-term solvency with positive shareholder funds and sustained growth in assets and retained earnings.

2. Key Concerns:

• Reliance on large debtors balance (£773k) relative to cash (£63k) may pose liquidity timing risks if collections slow.
• Absence of an audit and limited disclosure (small company exemption) restricts external verification of financial accuracy and completeness.
• Low share capital (£4) suggests minimal equity buffer, though this is typical for private companies in this sector.

3. Positive Indicators:

• Consistent increase in net current assets from £7,922 in 2021 to £716,150 in 2024 indicates improving working capital management.
• No overdue annual accounts or confirmation statement filings, reflecting compliance with statutory requirements.
• Business operates in building project development (SIC 41100), a sector with tangible asset backing (noted stock/work in progress of £1.1m).
• Directors have been in place since incorporation with no disqualifications or compliance issues reported.

4. Due Diligence Notes:

• Investigate debtor aging and cash flow cycle to assess risk of delayed payments impacting liquidity.
• Review contracts and ongoing projects to evaluate sustainability of current asset levels and future revenue streams.
• Confirm absence of contingent liabilities or off-balance-sheet risks given limited disclosure.
• Understand related party transactions, if any, especially given the low share capital and director shareholdings.
• Consider obtaining management accounts or unaudited internal financials for more detailed operational insight.