Company Number: 13828143

Analysis Date: 2025-07-29 18:38 UTC

1. Risk Rating: LOW
   Chartwell Building Surveys Ltd presents a low-risk profile based on the available micro-entity financial data, recent incorporation, and clean compliance record to date. The company maintains positive net current assets and equity, with no overdue filings or liquidation status.

2. Key Concerns:

• Declining net assets: Net assets have decreased from £3,458 in 2023 to £1,964 in 2024, representing a significant reduction (~43%) which may warrant investigation into profitability or capital withdrawals.
• Limited scale and operational data: As a micro-entity with only one employee and minimal fixed assets, the business appears very small and possibly reliant heavily on the owner/director, which may impact operational stability.
• Lack of profitability information: No profit and loss details are provided, limiting visibility on revenue generation, margins, or cash flow sustainability.

3. Positive Indicators:

• Compliance: All statutory accounts and confirmation statements are filed on time with no overdue returns, indicating good regulatory compliance and governance.
• Solvency: The company has net current assets of £1,435 and positive net assets, suggesting it can meet short-term liabilities and maintain solvency.
• Ownership and control: The sole director and 100% shareholder is stable and consistent, reducing governance risk and ensuring clear decision-making lines.

4. Due Diligence Notes:

• Request detailed profit and loss statements or management accounts to assess revenue trends, profitability, and cash flow dynamics.
• Investigate causes of the decline in net assets between 2023 and 2024: whether due to operating losses, drawings, or revaluation adjustments.
• Verify the nature of fixed and current assets to understand asset quality and liquidity, particularly the composition of current assets (cash vs. receivables).
• Confirm ongoing business contracts or client base to assess operational sustainability given the company’s small scale and single employee.