DARTMOOR PROPERTY SERVICES LTD

Executive Summary

Dartmoor Property Services Ltd is currently in a weakened financial state, with negative net assets and declining liquidity. The company’s ability to meet debt and creditor obligations is questionable given the reduced current assets and increased long-term liabilities. Without operational improvements or capital support, the risk of default is elevated, leading to a recommendation to decline credit at this stage.

DARTMOOR PROPERTY SERVICES LTD - Analysis Report

Company Number: 13746417

Analysis Date: 2025-07-29 12:42 UTC

1. Credit Opinion: DECLINE
   Dartmoor Property Services Ltd shows a weakening financial position with net liabilities increasing from -£789 in 2023 to -£1,694 in 2024. The company’s current liabilities exceed current assets, and the net asset position is negative. The reduction in current assets from £20,579 to £4,390 and increase in creditors due after one year indicate liquidity stress. The business has no employees currently, suggesting limited operational activity. These factors raise concerns about the company’s ability to service debt or meet ongoing commercial obligations reliably.

2. Financial Strength:
   The company’s balance sheet reveals a deteriorating position. Net current assets remain positive at £3,816 due to classification differences but total liabilities exceed total assets by £1,694. Shareholders’ funds are negative, reflecting accumulated losses or capital erosion. The company operates within the micro-entity threshold but its declining net assets and increased long-term creditors signal weakening financial resilience. Absence of fixed assets data limits assessment of asset quality, but the negative equity undermines capital strength.

3. Cash Flow Assessment:
   Current assets have significantly decreased, mainly cash or equivalents, putting pressure on liquidity. Although short-term creditors are moderate (£574), the sizeable long-term creditors (£5,510) imply future outflows. The absence of employees and presumably low operating activity suggest limited cash inflows. Working capital management appears strained, and the company may face difficulty in meeting debt obligations without external financial support or improved operational cash generation.

4. Monitoring Points:

• Track improvements or further deterioration in net assets and shareholder funds in upcoming accounts.
• Monitor cash balances and creditor ageing to assess short-term liquidity risks.
• Observe any changes in operational activity, including employee numbers and revenue generation.
• Review director actions and any capital injections or restructuring efforts to support solvency.
• Watch for timely filing of future accounts and confirmation statements as a proxy for governance quality.