Company Number: NI689229

Analysis Date: 2025-07-29 15:55 UTC

1. Risk Rating: MEDIUM

Justification: Connpro Group Ltd is a micro-entity with modest asset levels and no employees, operating in real estate management and letting. The company shows an improving net asset position and working capital but carries a significant long-term liability (£100,000) relative to its size. Limited operational scale and reliance on external financing introduce moderate solvency and liquidity risk.

2. Key Concerns:

• Long-term liabilities of £100,000 remain constant with no reduction, which may indicate ongoing debt servicing risk given modest asset base.
• The company has no employees, suggesting limited operational capacity and potential dependency on directors or third parties for business continuity.
• Lack of detailed profit and loss data and absence of audit reduce transparency on underlying operational performance and cash flows.

3. Positive Indicators:

• Net assets have increased from £28,507 in 2023 to £83,324 in 2024, reflecting improved equity position.
• Net current assets and total assets less current liabilities have increased, signaling better short-term liquidity.
• The company is current with all statutory filings, indicating regulatory compliance and good governance in terms of filing deadlines.

4. Due Diligence Notes:

• Review the nature and terms of the £100,000 creditor balance due after one year to assess refinancing risk or repayment schedule.
• Obtain management accounts or cash flow statements to better understand operational cash generation and sustainability.
• Investigate the business model in detail—specifically how the company generates revenue in multiple SIC code areas related to real estate management and letting.
• Confirm related party transactions or director loans that might not be evident in micro-entity filings.
• Assess any contingent liabilities or off-balance sheet risks not disclosed due to micro-entity reporting exemptions.