Company Number: 15256052

Analysis Date: 2025-07-29 20:11 UTC

1. Risk Rating: LOW

Justification: Derby Suspended Ceilings Ltd is a newly incorporated private limited company with its first accounting period ended November 2024. The financial statements show a positive net asset position of £80,142 and healthy net current assets of £76,277, indicating good short-term liquidity. The company is compliant with filing deadlines, and there are no indications of insolvency or regulatory issues.

2. Key Concerns:

• Corporation tax creditor of £37,857 is a significant portion of current liabilities, which should be monitored for timely settlement to avoid penalties.
• The company has a very small issued share capital (£2), which may limit financial flexibility and reflect a startup phase.
• Limited financial history (only about one year) restricts the ability to assess longer-term operational sustainability and profitability trends.

3. Positive Indicators:

• Strong positive working capital position (£76,277) suggests the company can meet short-term obligations.
• Cash balance of £54,870 supports liquidity and operational cash flow.
• No overdue filings or compliance issues reported, indicating good governance and regulatory adherence.
• Directors hold significant ownership and control, potentially aligning management incentives with shareholder interests.

4. Due Diligence Notes:

• Confirm the nature and timing of settlement plans for the corporation tax liability to ensure no tax payment risks.
• Review cash flow forecasts to verify ongoing liquidity given startup status and limited trading history.
• Investigate contracts in progress and order book to assess revenue visibility and operational sustainability.
• Assess directors’ background and experience in the construction installation sector to gauge management quality.
• Monitor subsequent filings and performance to track growth trajectory and financial stability.