Company Number: 14861863

Analysis Date: 2025-07-20 17:47 UTC

1. Risk Rating: LOW

Justification: Evans Building Services Ltd is a newly incorporated private limited company classified as micro-entity. Its latest financials as of May 31, 2024, show a positive net current asset position (£9,219) and positive net assets (£4,166), indicating solvency at this early stage. There are no overdue filings or liquidation/administration flags. The company employs a small workforce (average 3 employees), which aligns with its micro classification, and it operates in the construction of domestic buildings sector.

2. Key Concerns:

• Limited financial history: Being incorporated in May 2023, the company has only one financial period filed, which limits visibility on operational consistency and financial trends.
• Small net asset base: Net assets of £4,166 and modest working capital indicate limited financial buffer against operational shocks or sudden liabilities.
• Reliance on a single shareholder/director: Mr. Richard Paul Evans holds full control and is the sole director, which may pose governance and succession risks.

3. Positive Indicators:

• Compliance: No overdue accounts or confirmation statements, showing good regulatory adherence.
• Positive working capital: Current assets exceed current liabilities by £9,219, supporting short-term liquidity.
• Micro entity status and exemption from audit reduce administrative burden and costs, appropriate for a small startup.

4. Due Diligence Notes:

• Review cash flow statements and debtor aging (if available) to verify liquidity beyond the balance sheet snapshot.
• Investigate contractual pipeline and client base to assess revenue sustainability in the construction sector.
• Confirm director’s background and experience to evaluate operational capability and governance.
• Monitor future filings for evidence of profitability and growth to reduce risk profile.