CT ROOFING SPECIALISTS LIMITED

Executive Summary

CT Roofing Specialists Limited is a micro-entity showing modest financial improvement but with limited equity and ongoing liquidity pressures as current liabilities exceed current assets. Compliance and governance practices appear satisfactory with timely filings and stable management. Investors should focus due diligence on cash flow, debt obligations, and operational viability to fully assess risk exposure.

CT ROOFING SPECIALISTS LIMITED - Analysis Report

Company Number: 12794957

Analysis Date: 2025-07-20 15:19 UTC

1. Risk Rating: MEDIUM
   CT Roofing Specialists Limited exhibits signs of ongoing operations with positive net assets in the latest year; however, the company’s net assets remain very modest at £658 and historically have been negative or near zero. This limited equity base combined with current liabilities exceeding current assets suggests moderate solvency risk and potential liquidity constraints.

2. Key Concerns:

• Liquidity Pressure: Current liabilities (£13,321 in 2023) exceed current assets (£8,818), resulting in negative net current assets (-£4,503), indicating short-term liquidity challenges.
• Low Equity Buffer: Shareholders’ funds are minimal (£658 in 2023), which provides little cushion against financial stress or unforeseen expenses.
• Small Scale and Limited Resources: As a micro-entity with only one employee and minimal fixed assets (£5,161), the company may have limited operational flexibility and resilience.

3. Positive Indicators:

• Timely Filing and Compliance: No overdue accounts or confirmation statements indicate good regulatory compliance and governance discipline.
• Improving Net Assets: The net asset position improved from a negative figure (-£134) in 2022 to a positive £658 in 2023, showing some financial recovery or management effectiveness.
• Stable Leadership: Single director appointed since incorporation with no adverse information, suggesting stable management.

4. Due Diligence Notes:

• Review cash flow statements and bank balances to assess actual liquidity and working capital management beyond balance sheet snapshots.
• Investigate the nature and terms of current liabilities to understand if any short-term debts are overdue or at risk of default.
• Assess revenue streams, profitability trends, and customer concentration to evaluate operational sustainability.
• Confirm absence of director disqualifications or other regulatory flags beyond the available data.
• Consider credit references or trade payment history for insight into supplier relationships and payment reliability.