DAVID ALAN PROPERTY SEARCHES LIMITED

Executive Summary

David Alan Property Searches Limited is a micro private limited company with stable but minimal net assets and current asset coverage. The company is compliant with filing requirements and maintains a simple governance structure under a single director. While operational scale and liquidity are limited, no immediate solvency or compliance risks are apparent from the available data.

DAVID ALAN PROPERTY SEARCHES LIMITED - Analysis Report

Company Number: 13293246

Analysis Date: 2025-07-20 11:25 UTC

1. Risk Rating: LOW
   The company shows a stable, albeit very small, net asset position with current assets slightly exceeding current liabilities. No overdue filings or insolvency proceedings are apparent. The director and significant control reside with a single individual, which simplifies governance but also concentrates control.

2. Key Concerns:

• Very limited scale of operations, indicated by micro-entity status, minimal net assets (£242 in 2024) and only one employee, which may affect operational resilience and growth potential.
• Low absolute liquidity levels; current assets just above current liabilities suggest vulnerability to cash flow shocks or unexpected expenses.
• Concentration of ownership and control in one director/PSC could raise governance and succession risks.

3. Positive Indicators:

• The company is current on all statutory filings with no overdue accounts or confirmation statements, indicating regulatory compliance.
• Consistent maintenance of positive net current assets and net assets over the last 3 years, albeit at a small scale.
• Clear and straightforward corporate structure with a single director and PSC simplifies accountability.

4. Due Diligence Notes:

• Investigate the nature and stability of the company’s revenue sources and client base given the minimal asset base and one-person operation.
• Review cash flow statements or bank statements (if available) to assess liquidity management beyond balance sheet snapshot.
• Confirm absence of any contingent liabilities or off-balance sheet exposures that could affect solvency.
• Clarify the strategic plans for scaling or sustaining the business given the micro size and limited resources.