Company Number: SC670820

Analysis Date: 2025-07-20 14:49 UTC

1. Risk Rating: LOW
   CK ROBERTSON DECORATORS LIMITED demonstrates a solid balance sheet for a micro-entity with positive net assets and net current assets in the most recent year. The company is active, compliant with filing deadlines, and shows no signs of financial distress or regulatory issues.

2. Key Concerns:

• Limited scale and capitalization: Share capital is minimal (£1), reflecting a small operational base which may constrain growth or resilience to shocks.
• Fluctuations in current assets and liabilities: The current assets increased substantially in 2024 compared to 2023, while current liabilities also rose, indicating potential volatility in working capital management.
• Single director and employee: Operational dependency on one individual could pose continuity risk if that person becomes unavailable.

3. Positive Indicators:

• Consistent compliance: No overdue accounts or confirmation statements, indicating good governance and regulatory adherence.
• Improving financial position: Net assets more than doubled from £2,089 in 2023 to £5,321 in 2024, with net current assets turning positive after being negative or volatile in prior years.
• Profit retention: The increase in shareholders’ funds suggests retained earnings or capital injection, supporting solvency.
• Stable business classification: Operating within the painting sector (SIC 43341) with a steady employee count of one, consistent with the company’s size and activity.

4. Due Diligence Notes:

• Confirm the source of the increase in current assets in 2024 and whether it reflects cash, receivables, or other short-term assets.
• Review cash flow statements if available to assess liquidity beyond balance sheet figures.
• Investigate the director’s capacity and any contingency plans for operational continuity given the single-person operation.
• Understand the nature of current liabilities and whether they are trade creditors, loans, or other forms of short-term obligations.
• Verify any related party transactions or dependencies that may not be evident from financial statements alone.