DAVID OSBORN ARCHITECTS LTD

Executive Summary

DAVID OSBORN ARCHITECTS LTD, a micro-entity architectural firm, currently exhibits liquidity pressures with current liabilities surpassing current assets and a declining equity base. While statutory compliance is maintained and no insolvency signs are present, the company’s limited scale and financial resources pose moderate risk. Further examination of cash flows and operational details is recommended to fully assess financial stability.

DAVID OSBORN ARCHITECTS LTD - Analysis Report

Company Number: 13262129

Analysis Date: 2025-07-20 16:25 UTC

1. Risk Rating: MEDIUM
   The company shows minimal net assets and a recurring pattern of current liabilities exceeding current assets, indicating potential liquidity constraints. However, it is not in a formal distress state and remains compliant with filing obligations.

2. Key Concerns:

• Liquidity Pressure: Current liabilities consistently exceed current assets (2024: £22,035 vs £20,027), yielding negative net current assets, which may impede the company’s ability to meet short-term obligations.
• Minimal Equity Base: The net assets and shareholders’ funds have declined from £1,025 in 2021 to £242 in 2024, reflecting a shrinking equity cushion.
• No Employees and Limited Scale: With zero employees and micro-entity status, the company’s operational scale is very limited, which may affect sustainability and growth prospects.

3. Positive Indicators:

• Timely Compliance: All statutory filings, including accounts and confirmation statements, are up to date with no overdue notices, reflecting good governance.
• Active Status with Sole Control: The company is active with a single director and 75-100% ownership by Mr. David Osborn, which may enable swift decision-making.
• No Indication of Insolvency Proceedings: The company is not in liquidation or administration, suggesting it is meeting its obligations for now.

4. Due Diligence Notes:

• Review the company’s cash flow statements and bank reconciliations (not provided) to assess actual liquidity and working capital management.
• Investigate the nature and timing of current liabilities to understand if there are any overdue or disputed payables.
• Clarify the business model and revenue streams given the absence of employees and the low asset base to evaluate operational viability.
• Confirm if there are any contingent liabilities, related party transactions, or director loans not disclosed in the micro-entity accounts.