Company Number: 14479978

Analysis Date: 2025-07-20 16:57 UTC

1. Risk Rating: LOW
   D.P.B. Excavations Limited shows a sound financial position for a company in its first year of trading, with positive net current assets and no overdue filings. The company is small-scale with limited liabilities and adequate working capital, suggesting low solvency and liquidity risk at this stage.

2. Key Concerns:

• Limited operating history: Incorporated in late 2022, the company has less than two years of trading, which limits the ability to assess long-term operational stability.
• Modest cash reserves: Cash at bank is £4,752, which may constrain the company’s ability to absorb unexpected expenses or delays in cash inflows.
• Concentrated control: Ownership and control rest entirely with one individual, which may raise governance and continuity concerns for third-party investors.

3. Positive Indicators:

• Positive net current assets (£10,583) indicate that current assets comfortably exceed short-term liabilities, supporting short-term solvency.
• Up-to-date statutory compliance: No overdue accounts or confirmation statements, reflecting good regulatory adherence.
• Small but profitable: The profit and loss reserve of £10,582 suggests the company generated retained earnings in its first period, indicating initial operational success.

4. Due Diligence Notes:

• Verify the nature and collectability of the debtor balances (£13,776) to confirm cash flow reliability.
• Understand the company’s business model and contract pipeline given SIC code 43999 (other specialised construction activities), including key customers and contract terms.
• Assess the director’s capacity and plans for growth given sole control and small workforce (average 2 employees).
• Review any contingent liabilities or off-balance sheet risks not reflected in the filleted accounts.