GFOB LIMITED

Executive Summary

GFOB LIMITED is a recently incorporated micro-entity operating in real estate management with a highly leveraged balance sheet and minimal net assets, signaling significant solvency and liquidity risks. While regulatory compliance is maintained, the lack of operational data and employee base raises concerns about ongoing business viability. Further detailed investigation into liabilities and business plans is recommended before considering investment.

GFOB LIMITED - Analysis Report

Company Number: 14913081

Analysis Date: 2025-07-29 12:27 UTC

1. Risk Rating: HIGH
   The company exhibits a high risk profile primarily due to a precariously low net asset position (£431) against substantial long-term liabilities (£257,373). This indicates solvency concerns, with liabilities nearly matching total assets, undermining the ability to meet obligations without additional capital injection or operational cash inflows.

2. Key Concerns:

• Solvency Risk: The balance sheet shows fixed assets of £255,625 offset by long-term creditors of £257,373, resulting in a marginal net asset base. This raises serious questions about the company’s ability to cover debts and sustain operations.
• Liquidity Concerns: Current assets are minimal (£2,977) relative to current liabilities (£798), though net current assets are positive (£2,179), the overall working capital is very thin for operational flexibility.
• Operational Stability: The company has zero employees and is newly incorporated (June 2023), suggesting it is in an early stage with limited operating history. The absence of turnover data and minimal current assets suggest limited cash generation capacity.

3. Positive Indicators:

• The company is compliant with filing deadlines, with no overdue accounts or confirmation statements, indicating good governance practices to date.
• The directors have acknowledged their responsibilities and the accounts have been prepared in accordance with micro-entity provisions, reflecting adherence to regulatory requirements.
• There is clear PSC information showing transparency in ownership and control structure.

4. Due Diligence Notes:

• Investigate the nature and terms of the long-term liabilities totaling £257,373 to assess repayment schedules, interest obligations, and potential covenants.
• Clarify the business model and revenue generation plan, given zero employees and lack of turnover data, to establish operational viability.
• Review any related party transactions or capital contributions, especially given the significant control by the directors and shareholders.
• Examine whether the fixed assets are tangible and realizable or if they are subject to encumbrances that may affect liquidity.