GIBBO SCAFFOLDING LTD

Executive Summary

Gibbo Scaffolding Ltd is a small, newly formed scaffolding company demonstrating sound initial financial footing and full regulatory compliance. While the company's limited operational history and scale pose some inherent risks, its positive net asset position and up-to-date filings indicate low immediate risk. Further due diligence should focus on liquidity quality and operational viability to confirm long-term stability.

GIBBO SCAFFOLDING LTD - Analysis Report

Company Number: 14679055

Analysis Date: 2025-07-29 12:26 UTC

1. Risk Rating: LOW
   Gibbo Scaffolding Ltd is a newly incorporated micro-entity with a stable net asset position and no overdue filings, indicating low immediate risk from a solvency and compliance perspective.

2. Key Concerns:

• Limited Operating History: Incorporated in February 2023, the company has less than two years of operational history, limiting the ability to assess long-term sustainability.
• Single Director and Shareholder Control: Christopher John Gibson holds 100% ownership and control, which may raise governance and succession risk concerns.
• Minimal Scale and Resources: As a micro-entity with only one employee and modest current assets (£17,644), the company may face challenges scaling operations or absorbing financial shocks.

3. Positive Indicators:

• Positive Net Current Assets and Net Assets: The company reports net current assets of £14,196 and net assets of £12,396, indicating an ability to cover short-term liabilities.
• No Overdue Filings: Both accounts and confirmation statements are filed on time, demonstrating compliance with statutory requirements.
• Clear Ownership and Management Structure: The sole director and PSC are the same individual, simplifying decision-making and control.

4. Due Diligence Notes:

• Verify the nature and reliability of current assets (£17,644) to assess liquidity and cash flow sufficiency.
• Review contracts, customer base, and pipeline to evaluate operational sustainability and growth prospects in the scaffold erection sector.
• Monitor any related party transactions given sole ownership to identify potential conflicts of interest.
• Confirm there are no outstanding legal, tax, or compliance issues not disclosed in the accounts.