DAN DALLA PROPERTIES HENRY ROAD LTD

Executive Summary

Dan Dalla Properties Henry Road Ltd is a recently formed property company exhibiting weak financial health, with negative net assets and significant working capital deficits. The company’s liquidity position is strained, relying heavily on related party loans and with minimal cash reserves, which raises concerns regarding its ability to service debts or new credit facilities. Without evidence of improved operational performance or capital support, credit approval is not recommended at this time.

DAN DALLA PROPERTIES HENRY ROAD LTD - Analysis Report

Company Number: 15003332

Analysis Date: 2025-07-29 13:46 UTC

1. Credit Opinion: DECLINE. Dan Dalla Properties Henry Road Ltd shows significant financial weakness with net liabilities of £167,105 and a large working capital deficit of £462,405, indicating inability to meet short-term obligations from current assets. The company is newly incorporated (2023) and has not demonstrated operational profitability or cash generation. Large current liabilities relative to cash and assets, combined with related party debts, increase credit risk. Without evidence of strong external funding or operational cash flows, the company’s capacity to service debt or new credit facilities is highly uncertain.

2. Financial Strength: The balance sheet reflects a modest fixed asset base of £295,300 in land and buildings, but current liabilities of £471,218 overwhelm current assets of only £8,813, producing a negative net current asset position. Shareholders’ funds are negative (£-167,105), driven by accumulated losses and creditors. The company’s capital structure is weak, with a nominal share capital of £100. Related party loans totaling £119,375 suggest internal financing, which may not be sustainable or readily available to external creditors.

3. Cash Flow Assessment: Cash on hand is minimal at £8,813 against substantial short-term liabilities. No employees are recorded, implying limited operating activity or revenue generation to support working capital needs. The company’s accounts do not disclose turnover or profitability, but the negative net current assets imply cash flow constraints. The reliance on related party creditors further indicates tight liquidity. The company lacks sufficient liquid resources to cover immediate obligations, posing a liquidity risk.

4. Monitoring Points:

• Track subsequent filings for turnover and profit development to assess operational viability.
• Monitor changes in working capital, especially current liabilities and related party debts.
• Watch for any capital injections or external financing to improve liquidity.
• Review director actions and any contract or property transactions that could impact asset base or cash flows.
• Ensure timely filing of accounts and confirmation statements to reduce compliance risk.