G.G. PROPERTIES BLAIRGOWRIE LIMITED

Executive Summary

G.G. Properties Blairgowrie Limited is in its initial year with a weak financial position characterized by negative working capital and minimal equity. The company’s ability to service debt is uncertain without additional collateral or shareholder support. Credit approval is conditional on safeguards and ongoing close monitoring of liquidity and operational cash flow development.

G.G. PROPERTIES BLAIRGOWRIE LIMITED - Analysis Report

Company Number: SC766691

Analysis Date: 2025-07-19 13:03 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   G.G. Properties Blairgowrie Limited is a newly incorporated private limited company (less than 1 year old) operating in the property letting sector. The balance sheet shows a very modest net asset base of £2,220, primarily fixed assets valued at £50,380 offset by current liabilities of £51,061, resulting in negative working capital of £48,160. The company currently holds minimal cash (£2,901) and has sizeable short-term creditor obligations. Given its infancy and negative net current assets, credit exposure should be limited and carefully monitored. Approval of credit facilities is conditional on additional safeguards such as personal guarantees from the controlling shareholder (Mrs Alice Gray) or secured collateral, and regular financial updates.

2. Financial Strength:
   The company’s total assets consist almost entirely of a fixed asset (likely a property) valued at £50,380, with no depreciation charged yet. Current liabilities exceed current assets significantly, leading to a negative working capital position. Shareholders’ funds are minimal (£2,220), indicating low equity cushion and limited financial strength. The absence of profit and loss details prevents assessment of profitability or operational cash generation at this stage. Overall, the company’s financial position is weak, reflecting startup phase investment rather than operational earnings.

3. Cash Flow Assessment:
   Cash on hand is low (£2,901), and current liabilities are substantial (£51,061), which implies potential short-term liquidity pressure. Negative net current assets indicate that the company might struggle to meet its immediate obligations without additional funding or income from operations. No information on turnover or cash inflows is available, so cash flow sustainability cannot be confirmed. Close monitoring of cash flow and working capital management is essential.

4. Monitoring Points:

• Timely filing of next accounts and confirmation statements.
• Changes in working capital and liquidity ratios.
• Evidence of rental income or other operational cash inflows.
• Any increase in shareholder funds or capital injections.
• Payment behaviour on current liabilities and creditor ageing.
• Continued control and financial support from principal shareholder Mrs Alice Gray.
• Potential asset revaluation or impairment of the fixed asset (property).