C & T ELECTRICAL LIMITED

Executive Summary

C & T Electrical Limited exhibits a solid financial position with strong liquidity and growing net assets, supporting a low risk rating. However, the limited disclosure typical of micro-entities and the absence of employees warrant further inquiry into operational sustainability and governance structures. Overall, the company appears solvent and compliant, but additional financial detail is recommended to confirm ongoing viability.

C & T ELECTRICAL LIMITED - Analysis Report

Company Number: 13041469

Analysis Date: 2025-07-20 13:42 UTC

1. Risk Rating: LOW
   The company demonstrates strong net asset growth, positive working capital, no overdue filings, and no indication of operational distress, supporting a low risk profile at this stage.

2. Key Concerns:

• No Reported Employees: The accounts show zero employees, which may indicate reliance on subcontractors or directors only, raising questions about operational scale and sustainability.
• Limited Financial Disclosure: As a micro-entity filing under FRS 105, the company provides minimal financial detail; absence of profit and loss data restricts full assessment of profitability and cash flow dynamics.
• Director Concentration: Significant control and voting rights are held by a single individual (Mr. Andrew John Clee), which could pose governance risk if not balanced by robust internal controls.

3. Positive Indicators:

• Strong Liquidity Position: Net current assets increased substantially from £78k to £146k, indicating good short-term liquidity and ability to meet current obligations.
• Growing Equity Base: Shareholders’ funds rose from approximately £98k to £166k year-on-year, reflecting retained earnings or capital injections supporting solvency.
• No Filing or Compliance Issues: All statutory accounts and confirmation statements are filed on time with no overdue filings or penalties noted.
• No Indications of Insolvency: No overdue liabilities or creditors in significant amounts; company remains solvent with net assets well above liabilities.

4. Due Diligence Notes:

• Request management accounts or profit and loss statements to evaluate operational profitability and cash flow trends, given the micro-entity exemption limits disclosure.
• Clarify the operational model given zero reported employees—understand subcontractor usage and reliance on directors for execution.
• Review governance arrangements given director and PSC concentration, including whether any minority shareholders exist and how decisions are made.
• Verify the nature of any long-term creditors (£2.6k in 2023) and accruals, ensuring no hidden contingencies or off-balance sheet liabilities.
• Assess the company's client and contract base to confirm revenue stability in electrical installation services.