DEVAUX ESTATES PROPERTY MANAGEMENT LLP

Executive Summary

Devaux Estates Property Management LLP maintains a strong balance sheet anchored by significant investment property assets and solid working capital. The company exhibits adequate liquidity and low short-term liabilities, supporting its ability to meet debt obligations. Continued monitoring of debtor levels, profitability, and asset valuations is recommended to confirm ongoing creditworthiness.

DEVAUX ESTATES PROPERTY MANAGEMENT LLP - Analysis Report

Company Number: OC437529

Analysis Date: 2025-07-29 16:27 UTC

1. Credit Opinion: APPROVE
   Devaux Estates Property Management LLP demonstrates a stable financial position with substantial investment property assets and positive net current assets. The company shows consistent asset values and manageable current liabilities, indicating capability to meet short-term obligations. There is no evidence of financial distress or overdue filings. The management appears stable with designated members holding significant control, and no adverse records noted. Given these factors, the company is creditworthy for typical credit facilities, though limited profit data warrants continued monitoring.

2. Financial Strength:
   The LLP holds fixed assets principally in investment property valued at approximately £2.9 million, which remained stable over the last two years. Current assets increased from £21,463 to £51,005, primarily driven by debtors and cash balances. Current liabilities are minimal (£2,268), leading to a healthy working capital position (£48,737). Total net assets are just under £3 million, supported by capital accounts and loans from members, indicating strong equity backing. The balance sheet reflects low gearing from external creditors and sound capitalization.

3. Cash Flow Assessment:
   Cash at bank increased from £9,637 to £13,891, suggesting improved liquidity. Debtors also rose, which may impact cash conversion cycles but remain modest relative to asset size. Current liabilities are very low, implying no imminent liquidity pressures. The net current asset position is solid, supporting operating cash flow sufficiency. Absence of disclosed profit and loss data limits full cash flow analysis, but available indicators imply adequate short-term liquidity and working capital management.

4. Monitoring Points:

• Monitor debtor collection trends to ensure rising receivables do not impair liquidity.
• Review future profit and loss filings to verify ongoing profitability and cash generation.
• Track investment property valuation for any market-related impairments or revaluations.
• Observe any changes in member loans or capital contributions that could affect financial stability.
• Confirm timely filing of accounts and returns continues to avoid compliance risk.