CHRIS WHITLOW AND ASSOCIATES LTD

Executive Summary

Chris Whitlow and Associates Ltd presents a solvent position with positive net assets and no filing delinquencies, but its early-stage status and concentrated ownership carry medium risk. Liquidity appears adequate at the balance sheet date, although significant tax liabilities warrant further scrutiny. Continued monitoring of operational performance and governance practices is recommended to mitigate risks inherent in a single-person controlled start-up.

CHRIS WHITLOW AND ASSOCIATES LTD - Analysis Report

Company Number: 15113786

Analysis Date: 2025-07-19 12:44 UTC

1. Risk Rating: MEDIUM
   The company shows positive net current assets and net assets, suggesting solvency at the reporting date. However, as a newly incorporated small private company (less than 2 years old), operating with a single employee and limited capitalization (share capital £1), it carries inherent risks typical of early-stage businesses. The absence of audit and limited financial history constrain a full assessment of operational stability.

2. Key Concerns:

• Limited Operating History: Incorporated in September 2023, financial data covers less than two full years, restricting trend analysis and visibility into consistent cash flow generation.
• Concentration of Control: The sole director and 100% shareholder is Dr. Christopher Derrick Whitlow, which may present governance risks and dependency on a single individual.
• Current Liabilities Composition: Significant current liabilities (£47,152) include a high taxation and social security balance (£36,296), which could indicate recent profitability or potential timing issues with payments that require monitoring.

3. Positive Indicators:

• Positive Net Current Assets (£25,676): Current assets exceed current liabilities, indicating the company can meet short-term obligations as of the latest accounts.
• Cash Position (£37,024): A healthy cash balance relative to liabilities supports liquidity.
• Compliance with Filing Requirements: No overdue accounts or confirmation statements suggest good regulatory compliance and management discipline.
• Small Company Reporting Exemption Utilized Properly: Accounts prepared under appropriate standards for small companies, with transparent disclosure of accounting policies.

4. Due Diligence Notes:

• Verify the nature and timing of the tax and social security liabilities to assess if these are current obligations or potentially overdue amounts that may stress liquidity.
• Investigate revenue streams and client concentration to evaluate sustainability and growth prospects in environmental consulting (SIC 74901).
• Review cash flow statements or internal management accounts if available to confirm ongoing operational cash generation beyond the year-end snapshot.
• Assess director’s background and any potential conflicts of interest given sole control and family involvement (secretary shares the Whitlow surname).
• Monitor future filings and any changes in capital structure or employee numbers to gauge operational scaling or financial stress.