GATEWAY PALM LIMITED

Executive Summary

Gateway Palm Limited shows timely compliance and stable short-term liquidity, with net assets improving over recent years. However, its small equity base and significant long-term liabilities introduce moderate solvency concerns. Further analysis of debt structure and operational details is advised to fully assess financial sustainability.

GATEWAY PALM LIMITED - Analysis Report

Company Number: 13560316

Analysis Date: 2025-07-20 12:11 UTC

1. Risk Rating: MEDIUM
   The company demonstrates positive net asset growth and compliance with filing deadlines, but the presence of significant long-term liabilities relative to net assets and limited operational scale introduces moderate solvency and liquidity risk.

2. Key Concerns:

• High Long-Term Creditors: The company carries substantial liabilities due after more than one year (£658,901 in 2024) which greatly exceed its net assets (£29,668), indicating potential solvency pressure if these debts are not managed carefully.
• Minimal Equity Base: Shareholders’ funds remain low and only modestly increased from £16,048 in 2023 to £29,668 in 2024, suggesting limited financial buffer against adverse events.
• Limited Operational Scale: With only one employee and micro-entity accounting, there is little evidence of operational diversification or scale, which can affect business sustainability and resilience.

3. Positive Indicators:

• Consistent Filing Compliance: Accounts and confirmation statements are filed on time, showing good governance and regulatory compliance.
• Stable Current Asset Position: Current assets remain consistent (~£740k), exceeding current liabilities by a significant margin, implying adequate short-term liquidity.
• Growing Net Assets: Net assets have almost doubled over two years, indicating some retained earnings or asset growth despite the small scale.

4. Due Diligence Notes:

• Review the nature and maturity profile of long-term creditors to assess refinancing or repayment risk.
• Understand the source and sustainability of current assets, including any receivables or cash balances.
• Investigate business model and revenue streams to assess operational stability beyond financial snapshots.
• Confirm if the director, Mr Rabe Fauzi, who holds full control, has relevant experience and track record to ensure sound management.
• Evaluate any contingent liabilities or off-balance sheet risks not disclosed in filleted accounts.