Company Number: 13816668

Analysis Date: 2025-07-20 16:59 UTC

1. Risk Rating: LOW
   GAPAUTO LIMITED is a micro-entity with a stable net asset position and positive working capital for the last three reported years. The company is current with statutory filings and has no indication of financial distress or governance issues.

2. Key Concerns:

• Limited Scale: As a micro-entity with only 1 employee and modest net assets (~£6,900), the company’s operational scale is minimal, which may limit resilience to adverse market conditions.
• Single Director and PSC Control: The sole director and 100% shareholder is the same individual, which concentrates control but may raise concerns over succession and governance robustness.
• No Audit or Detailed Financials: Being exempt from audit and filing under micro-entity provisions limits available financial transparency and detail for deeper risk assessment.

3. Positive Indicators:

• Consistent Positive Net Current Assets: The company has maintained positive net working capital for three consecutive years, indicating it can cover short-term liabilities.
• Up-to-date Filings: No overdue accounts or confirmation statements, demonstrating good compliance with Companies House requirements.
• Stable Ownership and Management: The director and controlling shareholder have been constant since incorporation, which supports operational continuity.

4. Due Diligence Notes:

• Review the company’s cash flow statements and profit & loss accounts to assess revenue generation and profitability trends.
• Verify any contingent liabilities or off-balance-sheet risks not disclosed in micro-entity accounts.
• Investigate customer concentration, contract stability, and market position within the motor vehicle maintenance sector.
• Confirm the director’s capacity and plans for business continuity given concentrated control.