FOWLER DEVELOPMENTS (FD) LIMITED

Executive Summary

Fowler Developments (FD) Limited is a recently incorporated micro-entity showing an improving financial position after initial losses, with positive net assets as of January 2025. While regulatory compliance is maintained, limited operational scale and unaudited financials warrant cautious monitoring. Further due diligence on liquidity and business sustainability is recommended before investment.

FOWLER DEVELOPMENTS (FD) LIMITED - Analysis Report

Company Number: 14572047

Analysis Date: 2025-07-29 19:00 UTC

1. Risk Rating: MEDIUM
   Fowler Developments (FD) Limited shows a recent turnaround from negative to positive net assets within two years, indicating initial solvency challenges but current improvement. However, limited operational history, absence of employees, and small asset base suggest some ongoing risk.

2. Key Concerns:

• Initial negative net assets and current liabilities exceeding current assets in the first two financial years could signal early liquidity strain.
• The company has no employees, which may implicate limited operational capacity or reliance on the sole director and external contractors.
• The financial statements are unaudited and prepared under micro-entity provisions with minimal disclosures, limiting transparency.

3. Positive Indicators:

• The latest financial year (ending 31/01/2025) shows a positive net asset position (£58,225) and net current assets, evidencing improved solvency and working capital management.
• The company is compliant with filing deadlines, demonstrating good regulatory discipline.
• Full ownership and control by a single director may streamline decision-making and governance.

4. Due Diligence Notes:

• Review cash flow statements and creditor aging (not provided) to assess liquidity trends and payment practices.
• Investigate the nature of assets comprising current assets (£83,979) to confirm realizability and quality.
• Evaluate business model sustainability given no employees and reliance on the director.
• Confirm any contingent liabilities or off-balance sheet commitments not disclosed in micro-entity accounts.
• Assess plans for growth or capital injection given modest equity and early stage of company life.
• Consider director's background and track record due to sole control and significant influence.