Company Number: 14628103

Analysis Date: 2025-07-29 15:39 UTC

1. Risk Rating: LOW
   Chelmer Roofing Ltd exhibits a healthy net current asset position with positive net assets and no overdue filings. The company is newly incorporated but shows a sound balance sheet and compliance status, indicating low immediate risk.

2. Key Concerns:

• Limited operational history: Incorporated in early 2023, the company has only one financial reporting period, which limits trend analysis and long-term viability assessment.
• Small scale: With only one employee (the director), operational dependency on a single individual may pose continuity risks.
• Deferred tax liability: A modest deferred tax liability of £189 exists, which should be monitored for impact on future cash flows as the business grows.

3. Positive Indicators:

• Positive net current assets of £4,924 and net assets of £5,728 suggest the company can meet short-term obligations comfortably.
• Cash balance of £13,439 indicates liquidity to cover immediate expenses and liabilities totaling £10,156.
• Up-to-date statutory filings with no overdue accounts or confirmation statements, reflecting good regulatory compliance.
• Shareholder funds substantially positive relative to share capital, indicating some retained earnings or initial capital injections supporting financial stability.

4. Due Diligence Notes:

• Confirm turnover and profitability figures to assess the company’s operating cash flows and sustainability beyond balance sheet strength.
• Investigate the director’s business background and capacity, given reliance on a single person for operations and control.
• Review contracts and client base to evaluate revenue stability and growth prospects in the roofing sector (SIC 43910).
• Monitor deferred tax position and any contingent liabilities that may not be fully disclosed in the initial accounts.