EXCALIBER PROPERTY SOLUTIONS LTD

Executive Summary

EXCALIBER PROPERTY SOLUTIONS LTD shows signs of financial distress primarily through negative working capital and complex creditor positions, raising solvency and liquidity concerns. While compliance with filing deadlines and stable directorship are positives, the company’s operational viability and true financial position require further detailed inquiry before investment consideration. Investors should proceed cautiously and seek additional financial disclosures to clarify outstanding issues.

EXCALIBER PROPERTY SOLUTIONS LTD - Analysis Report

Company Number: 12750671

Analysis Date: 2025-07-20 18:44 UTC

1. Risk Rating: HIGH
   The company exhibits a negative working capital position and net current liabilities in the latest financial year, alongside long-term creditor balances that suggest financial strain. The net assets reported appear inconsistent with the balance sheet data, raising concerns about asset valuation or accounting presentation. These factors collectively indicate elevated solvency and liquidity risks.

2. Key Concerns:

• Negative net current assets (£-730) as of July 2024, indicating potential liquidity issues to meet short-term obligations.
• Significant long-term creditors and bank loans (£4,243) combined with unusual negative creditor entries, complicating the assessment of true liabilities and financial health.
• No employees reported, which may question operational sustainability and business scale, especially given the company's activity in building project development and manufacturing.

3. Positive Indicators:

• The company is current with filing requirements, with no overdue accounts or confirmation statements, indicating regulatory compliance so far.
• Limited shareholder capital suggests low initial financial leverage, which may be advantageous if operational cash flow improves.
• Director has been in position since incorporation, implying stable leadership continuity.

4. Due Diligence Notes:

• Investigate the nature and details behind the negative creditor amounts and the structure of long-term liabilities, including any related party transactions or accounting adjustments.
• Clarify the apparent discrepancy between net assets reported (£4,509) and the balance sheet total assets less current liabilities (negative figure) for 2024.
• Assess cash flow statements and turnover figures not provided here to evaluate operational cash generation and sustainability.
• Confirm any off-balance sheet obligations or contingent liabilities that might impact solvency.
• Review director backgrounds and any related party transactions given the small scale and negative working capital.