DEIRDRE MCDEVITT LTD

Executive Summary

DEIRDRE MCDEVITT LTD presents a low financial risk profile supported by positive net current assets and full compliance with statutory filings. However, the small scale of operations and concentration of control warrant further investigation into revenue generation and operational sustainability. Overall, the company appears solvent and compliant but limited financial detail restricts a full assessment of underlying business performance.

DEIRDRE MCDEVITT LTD - Analysis Report

Company Number: 14460419

Analysis Date: 2025-07-29 14:25 UTC

1. Risk Rating: LOW
   The company demonstrates a stable financial position with positive net current assets, modest current liabilities, and consistent shareholder equity. The absence of overdue filings and the presence of a single, clearly identified director who also holds majority control further reduce operational risks.

2. Key Concerns:

• Limited scale and operational footprint: With only one employee and small asset base, the company’s ability to scale or absorb shocks may be constrained.
• Reliance on a single director/shareholder: Concentration of control in one individual can introduce governance risks and potential continuity concerns.
• Absence of turnover and profit data: The accounts lack detailed income statement figures, restricting assessment of operational profitability and cash flow trends.

3. Positive Indicators:

• Current assets exceed current liabilities, indicating sufficient short-term liquidity to meet obligations.
• Up-to-date statutory compliance with no overdue accounts or confirmation statements, reflecting good governance practices.
• The company benefits from exemption from audit, consistent with its small size, reducing administrative burden.

4. Due Diligence Notes:

• Investigate the company’s revenue streams and profitability since turnover figures are not disclosed in the accounts to better assess operational viability.
• Confirm the nature and terms of liabilities to understand any contingent risks or upcoming cash outflows.
• Review director’s background and capacity to manage the company effectively, given sole control and single employee status.
• Clarify the business model and client base within the residential nursing care sector to verify sustainability and growth prospects.