Company Number: 12747383

Analysis Date: 2025-07-29 16:53 UTC

1. Risk Rating: HIGH
   Goliath Property Maintenance Ltd exhibits a high risk profile primarily due to persistent net liabilities and negative shareholders' funds over multiple years, indicating ongoing insolvency concerns.

2. Key Concerns:

• Solvency Issues: The company has reported net liabilities for at least four consecutive years (£-11,792 in 2024), showing it has more liabilities than assets, which raises serious questions about its ability to meet long-term obligations.
• Liquidity Concerns: Negative net current assets of £-8,039 in 2024 suggest the company may struggle to cover short-term debts as they fall due, potentially leading to cash flow difficulties.
• Limited Capital Base: Share capital is minimal (£100), providing little buffer against financial stress. The company’s ongoing losses have eroded equity, which may deter creditors and investors.

3. Positive Indicators:

• Filing Compliance: The company is up to date with both accounts and confirmation statements, which implies regulatory compliance and transparency.
• Stable Management: The sole current director, Mr. Andrew Wileman, has been in place since incorporation, providing continuity in management.
• Micro-Entity Status: The small scale reduces statutory filing requirements, potentially lowering administrative costs.

4. Due Diligence Notes:

• Investigate Debt Structure: Clarify the nature and terms of long-term creditors (£19,291 in 2024) to assess repayment risk and any potential restructuring plans.
• Cash Flow Analysis: Obtain management accounts or cash flow statements to evaluate operational cash flows and liquidity management in more detail.
• Business Model Viability: Review contracts, client base, and revenue trends since incorporation to understand the operational sustainability given ongoing losses and negative equity.
• Director Background: While no disqualifications are noted, further checks on Mr. Andrew Wileman’s credit and directorship history would be prudent given the financial distress signals.
• Contingent Liabilities: Check for any guarantees or off-balance sheet liabilities that could exacerbate financial risk.