Company Number: 13660706

Analysis Date: 2025-07-20 17:49 UTC

1. Risk Rating: LOW
   EAA Plastering Limited demonstrates a sound financial position for a micro-entity, with positive net assets and net current assets. There are no overdue filings or compliance issues noted, and the company appears to maintain proper governance and reporting processes.

2. Key Concerns:

• Small Scale and Limited Financial Data: As a micro-entity with a single employee and minimal turnover data, the company’s operational scale is limited, which may affect growth potential and resilience to market fluctuations.
• Fixed Asset Decline: Fixed assets decreased from £26,795 in 2021 to £17,149 in 2024, which may indicate asset disposals or underinvestment in operational capacity.
• Creditors Due After One Year: The company shows significant long-term creditors (£24,251 in 2024), which should be reviewed to understand the nature and terms of these liabilities.

3. Positive Indicators:

• Increasing Net Assets and Working Capital: Net assets improved from £13,227 in 2021 to £15,971 in 2024, and net current assets increased from £8,501 to £23,073 over the same period, indicating improved liquidity and equity strength.
• No Overdue Filings or Compliance Issues: Accounts and confirmation statements are filed on time, reflecting good governance practices.
• Sole Director and PSC Alignment: Mr. Besmir Shkalla holds full control as director and PSC, simplifying decision-making and accountability.

4. Due Diligence Notes:

• Examine the nature of long-term creditors: Clarify the terms, interest rates, and repayment schedule of the amounts due after one year to assess solvency risk.
• Review cash flow and profitability data: The absence of a profit and loss statement limits full financial assessment; understanding operational cash flow and profit margins is important.
• Assess business sustainability: Given the company’s small scale and limited employees, investigate client base stability, contract pipeline, and market positioning within the plastering industry.