Company Number: 14356493

Analysis Date: 2025-07-20 15:18 UTC

1. Risk Rating: HIGH
   Given the extremely limited financial base (net assets of £1), absence of meaningful current assets, and minimal operational scale, EVL PROPERTIES LTD presents a high risk profile at this nascent stage.

2. Key Concerns:

• Minimal Financial Substance: The balance sheet shows only £1 in current assets and net assets, indicating negligible operational capital or financial buffer.
• Lack of Revenue and Profit Data: No turnover, profit, or cash flow information is available, which severely limits ability to assess ongoing viability.
• Single Director and Shareholder Control: Complete ownership and control by one individual could increase governance risks and reduce oversight.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has no overdue filings and submitted accounts and confirmation statements on time.
• No Indication of Insolvency or Liquidation: The status is active and not subject to any insolvency proceedings.
• Micro Entity Accounting: Use of micro-entity provisions simplifies reporting and suggests limited complexity and risk at this stage.

4. Due Diligence Notes:

• Investigate Business Model and Revenue Streams: Clarify the company’s planned or actual operations and how management intends to generate income.
• Review Director Advances Details: There is mention of loans to directors; assess the amounts, terms, and any potential conflicts or risks.
• Confirm Capital Injection Plans: Since net assets are nominal, understanding plans for capitalization or funding is critical.
• Assess Market and Industry Position: Given the SIC code (management of real estate on a fee basis), confirm client base, contracts, or pipeline.
• Monitor Governance and Controls: With sole control by one director, evaluate internal controls or external oversight mechanisms.