GATEWAY VALE LIMITED

Executive Summary

Gateway Vale Limited exhibits financial stress with persistent negative equity and working capital deficits, raising solvency and liquidity concerns. While compliant with filing requirements and maintaining a stable asset base, the company’s reliance on significant long-term debt and lack of detailed profit and loss information warrant cautious appraisal. Further investigation into creditor terms and operational cash flows is recommended to evaluate financial sustainability.

GATEWAY VALE LIMITED - Analysis Report

Company Number: 13549683

Analysis Date: 2025-07-20 17:45 UTC

1. Risk Rating: HIGH
   The company shows persistent net liabilities and negative shareholders' funds, indicating solvency concerns. Significant long-term liabilities exceeding fixed assets and negative working capital suggest liquidity issues.

2. Key Concerns:

• Negative Net Assets: The company’s net liabilities increased from -£16,734 in 2023 to -£26,650 in 2024, indicating deteriorating equity and financial health.
• High Long-term Creditors: Creditors due after more than one year stand at £296,674, surpassing fixed assets of £299,800, which may indicate reliance on debt financing and potential refinancing risk.
• Negative Net Current Assets: Working capital is negative (£-29,776 in 2024), implying the company may struggle to meet short-term obligations from current assets.

3. Positive Indicators:

• Compliance: The company is active, has no overdue filings for accounts or confirmation statements, and complies with micro-entity reporting standards.
• Stability of Fixed Assets: Fixed assets have been stable at £299,800 over the last three years, suggesting some level of asset base continuity.
• Single Director Control: The sole director and 100% shareholder, Mr. Rabe Fauzi, suggests centralized decision-making which can simplify governance and responsiveness.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term creditors (e.g., loans, related party debt) to assess repayment risk and covenants.
• Review cash flow statements or internal management accounts since micro-entity accounts omit profit and loss details, limiting insight into operational performance.
• Assess plans or strategies by management to improve solvency and liquidity, including capital injections or asset sales.
• Confirm absence of director disqualifications or regulatory compliance issues given sole director status.
• Clarify the business model under SIC code 68209 and market prospects for the real estate letting operations.