CURRAN BROTHERS ELECTRICAL LTD

Executive Summary

Curran Brothers Electrical Ltd demonstrates solid financial health with strong liquidity and growing net assets, supporting a low solvency risk. The company maintains good compliance with filing deadlines and shows operational stability in its electrical installation sector. However, the lack of audited accounts and significant dividend payments warrant further review to fully understand ongoing financial sustainability and contingent liabilities.

CURRAN BROTHERS ELECTRICAL LTD - Analysis Report

Company Number: 12467351

Analysis Date: 2025-07-20 15:40 UTC

1. Risk Rating: LOW
   The company exhibits a strong net asset base relative to its liabilities, positive net current assets, and no overdue filings, which supports a low risk rating. The financials indicate improving financial stability over time.

2. Key Concerns:

• The company’s accounts are unaudited and filed under the small company exemption, limiting the depth of external assurance on financial accuracy.
• There are notable provisions for liabilities (£4,961), which require clarity on their nature and potential impact.
• Directors have received significant dividends (£79,800) relative to net assets, which may reflect heavy profit distribution and warrants review of retained earnings sustainability.

3. Positive Indicators:

• Consistent growth in net assets from £187 in 2020 to £97,110 in 2024, indicating improving solvency.
• Strong liquidity position with current assets (£104,767) comfortably exceeding current liabilities (£5,365) as of 2024.
• No overdue statutory filings (accounts or confirmation statement), demonstrating good regulatory compliance.

4. Due Diligence Notes:

• Confirm the nature and adequacy of provisions for liabilities and any contingent risks.
• Review the company's cash flow statements and profit trends (not filed publicly) to assess operational cash generation and dividend sustainability.
• Investigate the directors’ advances and any related party transactions for potential conflicts or financial strain.
• Assess the impact of the hire purchase and bank loan obligations (£18,496 due after one year) on future liquidity.