GO PROPERTY (MIDLANDS) LTD

Executive Summary

Go Property (Midlands) Ltd, a newly incorporated property letting company, shows significant liquidity and solvency concerns due to current liabilities far exceeding current assets. While the company holds substantial fixed assets and remains compliant with statutory filings, its very limited operating history and negative working capital present a high risk profile. Detailed due diligence on liabilities, cash flow plans, and operational viability is recommended before investment consideration.

GO PROPERTY (MIDLANDS) LTD - Analysis Report

Company Number: 15053821

Analysis Date: 2025-07-20 13:10 UTC

1. Risk Rating: HIGH
   The company exhibits a high solvency risk primarily due to significant current liabilities (£548,019) vastly exceeding current assets (£14,545), resulting in a very negative net working capital (-£533,474). This imbalance raises concerns about the company’s ability to meet short-term obligations.

2. Key Concerns:

• Liquidity Deficit: The company's cash and current assets are minimal relative to its current liabilities, indicating potential cash flow stress.
• High Short-Term Creditors: The large short-term creditor balance may reflect unpaid bills or debts, posing risk of insolvency if not managed.
• Limited Operating History and Scale: Incorporated in August 2023 with just one reported employee, the company lacks an operational track record, increasing uncertainty about its sustainability.

3. Positive Indicators:

• Substantial Fixed Assets: Tangible fixed assets valued at approximately £543,506 provide a tangible asset base that may support borrowing or sale to meet liabilities.
• No Overdue Filings: The company has maintained compliance with filing and confirmation statement deadlines, indicating sound governance on statutory requirements.
• Single Controlling Shareholder: Concentrated ownership (75-100% by Mr. Matthew Hilton) may allow for swift decision-making and capital support if needed.

4. Due Diligence Notes:

• Investigate the nature and terms of current liabilities to assess imminence and negotiability.
• Assess cash flow forecasts and financing arrangements to understand how liquidity shortages will be managed.
• Review asset valuations and potential for realization under distress conditions.
• Obtain clarification on business model and planned revenue generation given the limited operational data.
• Confirm no hidden contingent liabilities or related-party transactions that may impact financial stability.