GOOD PROJECT MANAGEMENT LTD

Executive Summary

Good Project Management Ltd is a recently established micro-entity showing a solvent financial position with positive net current assets and timely regulatory compliance. While the company's limited operational history and small equity base suggest caution, there are no immediate solvency or liquidity concerns. Further due diligence should focus on trading performance and related party transactions as the business develops.

GOOD PROJECT MANAGEMENT LTD - Analysis Report

Company Number: 15209931

Analysis Date: 2025-07-29 14:24 UTC

1. Risk Rating: LOW
   Good Project Management Ltd demonstrates a stable financial position for a newly incorporated micro-entity, with net current assets positive and no overdue filings. The company is solvent on a balance sheet basis, with net assets of £1,549 and a small but positive working capital position.

2. Key Concerns:

• Very limited trading history: Incorporated in October 2023, the company has only recently filed its first set of accounts, limiting the ability to assess operational performance and sustainability.
• Director loan: The company advanced £807 to the director during the year, indicating early cash flow management involving related party transactions which require scrutiny.
• Minimal asset and equity base: The net asset figure is low (£1,549), which is typical of a micro-entity start-up but does imply limited financial buffer against unexpected liabilities or downturns.

3. Positive Indicators:

• Up to date statutory compliance: Accounts and confirmation statements are filed on time with no overdue filings, indicating good governance and regulatory compliance.
• Positive net current assets: Current assets exceed current liabilities by £1,583, suggesting the company can meet short-term obligations.
• Clear ownership and control: Two individuals each control between 25-50% of shares and voting rights, with no indication of director disqualifications or governance issues.

4. Due Diligence Notes:

• Review subsequent trading performance and cash flow statements when available to assess operational sustainability beyond the first financial year.
• Investigate the nature and terms of the director loan advanced during the year and confirm it was repaid as stated post year-end.
• Monitor for any related party transactions or unusual financial activity as the company grows.
• Confirm the company’s client base and revenue generation model to assess business viability given the consultancy SIC code.