DAYN PROPERTIES LTD

Executive Summary

Dayn Properties Ltd demonstrates a strengthening financial position with positive net current assets and no compliance issues despite its recent incorporation. While liquidity levels are modest and limited financial history constrains full risk assessment, no immediate solvency concerns arise from the latest accounts. Further review of cash flow and related party transactions is recommended to ensure operational sustainability.

DAYN PROPERTIES LTD - Analysis Report

Company Number: 14284145

Analysis Date: 2025-07-20 17:59 UTC

1. Risk Rating: LOW

Justification: Dayn Properties Ltd is a recently incorporated private limited company (August 2022) engaged in building project development. The latest financial statements show a positive net current asset position (£2,641) and shareholders’ funds have increased significantly from £392 in 2023 to £3,408 in 2024, indicating improved equity and financial position. There are no overdue filings or indications of insolvency, and the company is not in liquidation or administration.

2. Key Concerns:

• Limited financial history: With only two full years of financial data since incorporation, the company’s operational track record is short, which limits trend analysis and forecasting reliability.
• Modest cash balances: Although cash increased slightly to £4,762, the absolute level is low relative to potential project scale in property development, which could constrain liquidity if project financing or payments are delayed.
• Corporation tax creditor: The company carries a corporation tax liability of £2,052 as at August 2024, which requires ongoing monitoring to ensure tax payments remain on schedule and do not affect cash flow.

3. Positive Indicators:

• Improved net current assets and equity: The increase in net current assets from £392 to £2,641 and shareholders’ funds from £392 to £3,408 year-on-year demonstrates strengthening financial stability.
• No overdue filings or compliance issues: Accounts and confirmation statements are up to date, reflecting good governance and regulatory compliance.
• Ownership and control transparency: The single director structure and clear ownership reduces complexity in governance and potential control disputes.

4. Due Diligence Notes:

• Review detailed cash flow statements and project pipeline to assess liquidity sufficiency for ongoing and future development projects.
• Investigate the source of the increase in retained earnings and the nature of transactions with associates (debtor of £714), to understand related party exposures.
• Confirm the company’s tax payment schedule and any deferred tax liabilities or risks, given the corporation tax creditor balance.
• Assess the company’s strategy and business model sustainability in the competitive building development sector, considering the minimal fixed assets and employee base.