Company Number: 08435625

Analysis Date: 2026-03-19 16:58 UTC

1. Risk Rating:
   LOW to MEDIUM
   Charles Webb Homes Limited displays a solid net asset position and positive net current assets across recent years, indicating acceptable solvency levels. However, the significant reduction in cash balances and current assets in the latest year, combined with a sizable debtor balance and small equity base (share capital £3), suggest some caution is warranted regarding liquidity and operational cash flow.

2. Key Concerns:

• Declining Cash Reserves: Cash dropped sharply from about £140k in 2024 to under £15k in 2025, which may imply liquidity pressure or cash flow timing issues.
• Concentration in Debtors: Debtors remain high (£173k in 2025) relative to cash, increasing the risk of cash flow disruption if collections are delayed. No detail on debtor aging is provided.
• Small Share Capital and Limited Employee Base: Very small share capital (£3) and only one employee could increase dependency on key individuals, limiting operational resilience and raising concerns about governance and succession.

3. Positive Indicators:

• Consistent Net Assets and Current Asset Coverage: Despite cash reduction, net current assets and net assets remain positive and strong (£306k net assets in 2025).
• No Overdue Filings and Compliance: The company is active and filings for accounts and confirmation statements are up to date, indicating regulatory compliance and good governance practices.
• Stable Ownership and Management: The primary director and significant control holder is long-standing and location-consistent with the business, which supports stable leadership.

4. Due Diligence Notes:

• Review debtor profile for collectability and aging to assess cash flow risk from trade receivables.
• Understand reasons for the depletion of cash and current assets between 2024 and 2025, including any one-off expenditures or investments.
• Assess operational model given only one employee; clarify dependence on directors or contractors for ongoing activity.
• Verify absence of contingent liabilities or off-balance-sheet risks that could impact liquidity or solvency.
• Confirm no related party or director loan balances affecting financial stability.