ELITE PERFORMANCE FENCING LTD
Executive Summary
Elite Performance Fencing Ltd is a newly formed micro-entity with modest net assets and positive working capital, indicating initial financial stability. The company demonstrates compliance with filing requirements and has concentrated ownership. However, the limited operating history and small capital base warrant further investigation into operational viability and cash flow sustainability before considering investment.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
ELITE PERFORMANCE FENCING LTD - Analysis Report
Risk Rating: LOW
The company is newly incorporated and classified as a micro-entity with no audit requirement. The latest accounts show positive net current assets and net assets, indicating initial financial stability. There are no overdue filings or liquidation indicators.Key Concerns:
- Limited operational history: Incorporated in 2023, with less than two years of trading history, limiting assessment of long-term viability.
- Small asset base: Net assets of £17,889 suggest a modest capital structure which may constrain growth or ability to absorb shocks.
- Single director and shareholder: Concentration of control in one individual could pose governance and succession risks.
- Positive Indicators:
- Compliance: All statutory filings including accounts and confirmation statements are up to date with no overdue notices.
- Positive working capital: Net current assets of £17,889 indicate the company can currently meet short-term liabilities.
- Clear ownership: Full control by a single known director/shareholder simplifies accountability and decision-making.
- Due Diligence Notes:
- Review underlying cash flow statements and profit/loss data (not provided) to assess operational profitability and cash generation.
- Investigate business plan and pipeline to understand revenue prospects given the limited history.
- Confirm the director’s background and capacity to manage and grow the company effectively.
- Assess any contingent liabilities or off-balance-sheet obligations not reflected in the micro-entity accounts.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company