Company Number: 14120560

Analysis Date: 2025-07-29 14:42 UTC

1. Risk Rating: HIGH
   Feltham Mot Centre Ltd exhibits financial stress with net current liabilities significantly worsening in the latest year, indicating potential liquidity challenges. The company is very young with limited operational history, adding to the risk profile.

2. Key Concerns:

• Liquidity Strain: Net current liabilities have deteriorated from positive £5,137 in 2023 to negative £45,371 in 2024, suggesting difficulties in meeting short-term obligations.
• Declining Net Assets: Total assets less current liabilities dropped from £60,906 to £11,595 year-on-year, signaling deteriorating financial health.
• Operational Instability: The average number of employees fell from 3 in 2023 to nil in 2024, which may imply scaling down or operational disruption.

3. Positive Indicators:

• No Overdue Filings: Accounts and confirmation statements are filed timely, indicating compliance with statutory requirements.
• Single Director and PSC: Ownership and control are consolidated under a single individual, potentially allowing swift decision-making.
• Fixed Assets Stable: Fixed assets remained steady, showing investment in tangible resources.

4. Due Diligence Notes:

• Investigate the cause of the sharp increase in current liabilities and whether these are payable or renegotiable.
• Clarify why the company has zero employees currently and whether operations have paused or are outsourced.
• Review cash flow projections and any external funding arrangements to assess solvency sustainability.
• Confirm no director disqualifications or regulatory compliance issues beyond filing status.