GER-Y-LLYN FLAT OWNERS MANAGEMENT COMPANY LIMITED

Executive Summary

GER-Y-LLYN FLAT OWNERS MANAGEMENT COMPANY LIMITED is a recently incorporated micro-entity with minimal financial substance and no employees, presenting significant risk from a solvency and operational perspective. While compliance with filing requirements is current, the company’s viability and governance stability require close scrutiny. Further due diligence on management and financial plans is recommended before considering investment.

GER-Y-LLYN FLAT OWNERS MANAGEMENT COMPANY LIMITED - Analysis Report

Company Number: 14861918

Analysis Date: 2025-07-20 17:46 UTC

1. Risk Rating: HIGH
   Given the extremely limited financial data and nominal net assets (£6), the company presents a high risk from a solvency and operational stability perspective at this early stage of existence.

2. Key Concerns:

• Minimal Financial Substance: With net assets and current assets both at £6 and no recorded employees, the company appears to have negligible operational scale or capital backing.
• Newly Incorporated: Founded in May 2023, the company has a very short operating history, limiting the ability to assess financial trends or sustainability.
• Director Turnover and Composition: Frequent changes in directors and secretaries within a short period may indicate governance instability or organizational uncertainty.

3. Positive Indicators:

• Compliance with Filings: The company is up to date with its accounts and confirmation statement filings, suggesting regulatory compliance and administrative diligence.
• Use of Professional Company Secretary: Appointment of a corporate secretarial service may support ongoing compliance and governance standards.
• Clear Industry Classification: Operating within residents property management (SIC 98000), the company’s business focus is clearly stated.

4. Due Diligence Notes:

• Investigate the nature of the £6 current assets (e.g., cash, receivables) to understand liquidity position.
• Assess business plan and revenue generation model, given absence of employees and minimal assets.
• Review director backgrounds and reasons for turnover to evaluate governance risk and management capability.
• Confirm no related party transactions or contingent liabilities unreported in micro-entity accounts.
• Monitor future financial filings for improvement in asset base, revenue, and working capital.