CHILTERN DEVELOPMENT LIMITED

Executive Summary

CHILTERN DEVELOPMENT LIMITED exhibits significant solvency and liquidity concerns due to negative net current assets and minimal equity. While regulatory filings are current and ownership is consolidated, the company’s financial position suggests a high risk of difficulty in meeting short-term obligations without additional capital or operational improvements. Further detailed financial and operational due diligence is recommended to clarify cash flow and debt structure.

CHILTERN DEVELOPMENT LIMITED - Analysis Report

Company Number: 13179097

Analysis Date: 2025-07-29 17:16 UTC

1. Risk Rating: HIGH
   Justification: The company shows consistently negative net current assets and net liabilities, indicating it has more short-term liabilities than current assets. Although it remains active, the minimal positive net assets and negative working capital suggest acute solvency and liquidity risks.

2. Key Concerns:

• Negative net current assets for multiple years (e.g., -£36,523 in 2024), signaling potential difficulty meeting short-term obligations.
• Very small net assets (£36,523 in 2024), raising concerns on financial buffer and resilience.
• High current liabilities relative to current assets, indicating potential cash flow constraints and operational funding challenges.

3. Positive Indicators:

• The company has timely filed accounts and confirmation statements, demonstrating regulatory compliance and governance discipline.
• Stable employee count (3 employees) suggesting operational continuity without rapid downsizing.
• The controlling entity (London League Of Gentlemen Ltd) holds 75-100% shares and voting rights, potentially providing strategic support or capital if needed.

4. Due Diligence Notes:

• Investigate the nature and terms of current liabilities to assess risk of default or refinancing needs.
• Review detailed cash flow statements (not provided) to clarify liquidity position and operational cash generation.
• Confirm the extent and source of any related party transactions, given the controlling shareholder's full ownership and director overlap.
• Assess business model sustainability given the development sector and company size, including pipeline of projects or revenue visibility.
• Verify any contingent liabilities or off-balance-sheet exposures not evident from micro-entity accounts.