EVANS BUILDING SERVICES LTD

Executive Summary

Evans Building Services Ltd is a recently established micro-entity in the construction sector with positive net assets and no compliance issues to date. However, its limited financial history and small equity base suggest cautious monitoring is warranted. Early indications show operational stability, but further due diligence on cash flows and business prospects is recommended to confirm sustainability.

EVANS BUILDING SERVICES LTD - Analysis Report

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.