CHASE AHEAD PROPERTIES LTD

Executive Summary

Chase Ahead Properties Ltd is currently dormant with a weak financial position characterized by negative net assets and negative working capital. The company lacks operational activity and has insufficient liquidity to meet short-term obligations. Credit facilities are not advisable at this stage without significant improvement in financial performance and capital structure.

CHASE AHEAD PROPERTIES LTD - Analysis Report

Company Number: 12807197

Analysis Date: 2025-07-20 15:47 UTC

1. Credit Opinion: DECLINE
   Chase Ahead Properties Ltd demonstrates persistent negative net assets and shareholders’ funds over the past three years, indicating a deteriorating financial position. The company is classified as dormant, with no trading activity reported in the latest year and minimal current assets. The presence of director loans and increasing current liabilities further stress liquidity concerns. Given the absence of operational cash flow and negative equity, the company currently lacks the financial strength to service debt or meet credit obligations reliably.

2. Financial Strength: Weak
   The balance sheet reveals net liabilities of £548 as of August 2024, worsening from net liabilities of £116 in the prior year. Shareholders’ funds are negative at £-548, reflecting accumulated losses in the profit and loss account. The company holds no fixed assets or significant current assets at year-end, and creditors exceed current assets, resulting in negative working capital. The small share capital of £1,000 offers limited capital buffer.

3. Cash Flow Assessment: Insufficient Liquidity
   The company has zero debtors and increased current liabilities primarily comprising director loans (£188) and accruals (£360). The negative net current assets position indicates poor short-term liquidity and an inability to cover immediate obligations from existing assets. No employees are recorded, showing no active business operations to generate cash inflows. The dormant status corroborates a lack of ongoing revenue or cash generation.

4. Monitoring Points:

• Watch for filing of full accounts to assess any operational changes or new trading activity.
• Monitor director loans and whether these are repaid or increased, affecting liquidity risk.
• Observe any changes in net current assets and net liabilities for signs of financial improvement or further deterioration.
• Review any notifications of change in company status from dormant to active and related trading results.
• Keep track of director conduct and any regulatory changes that may impact company governance.