EQUINE & COMMERCIAL TRAILER REPAIRS LTD

Executive Summary

Equine & Commercial Trailer Repairs Ltd appears financially stable with growing net assets and positive working capital, supported by timely compliance and stable directorship. The company’s small scale and concentrated ownership suggest a need for close monitoring of operational and governance risks, but current data shows no immediate solvency or liquidity concerns. Further detailed financial review is recommended to confirm ongoing business sustainability.

EQUINE & COMMERCIAL TRAILER REPAIRS LTD - Analysis Report

Company Number: 12456630

Analysis Date: 2025-07-29 20:51 UTC

1. Risk Rating: LOW
   The company demonstrates a solid net asset position with positive net current assets and increasing fixed assets over recent years. Filings are up to date with no overdue accounts or confirmation statements. The business operates within a micro-entity framework, limiting financial complexity but showing stable equity growth and adequate working capital, indicating low solvency and liquidity risk.

2. Key Concerns:

• Limited scale of operations (micro-entity with only 2 employees) may constrain growth and operational resilience.
• Significant voting control concentrated with one director (Robert Wensley holds 75-100% voting rights), which could impact governance dynamics.
• Current assets decreased slightly in the latest year, which may warrant monitoring to ensure cash flow remains sufficient to meet liabilities.

3. Positive Indicators:

• Consistent growth in net assets from £10,556 in 2020 to £47,279 in 2024, reflecting retained earnings or capital injections.
• Positive net current assets of £13,680 in 2024, indicating the company can cover short-term liabilities.
• No overdue filings and compliance with Companies House deadlines, suggesting good regulatory adherence.
• Directors have remained stable since formation, with relevant industry experience (technician and administrator).

4. Due Diligence Notes:

• Review detailed profit and loss accounts, if available, to assess revenue trends, profitability, and cash flow quality.
• Confirm the nature of fixed assets to ensure they are productive and not obsolete.
• Investigate any related party transactions given the family control and small shareholder base.
• Examine any off-balance sheet liabilities or contingencies not visible in micro-entity filings.
• Assess customer concentration risks or dependency on key contracts in the niche trailer repair market.