GP BOILERTEC LTD

Executive Summary

GP BOILERTEC LTD exhibits a strong solvency position with improving net assets and positive working capital, supported by up-to-date regulatory filings. The company’s micro-entity status and sole director/employee structure present operational and informational limitations that require further examination. Overall, financial indicators suggest low risk but warrant deeper analysis of operational cash flows and business continuity factors.

GP BOILERTEC LTD - Analysis Report

Company Number: 13140757

Analysis Date: 2025-07-20 15:48 UTC

1. Risk Rating: LOW
   GP BOILERTEC LTD demonstrates solid net asset growth and positive working capital in its latest financials, indicating a strong solvency position and low immediate financial risk.

2. Key Concerns:

• Reliance on a single director and employee may pose operational risks if continuity is disrupted.
• Micro-entity status limits available financial detail; lack of profit and loss data restricts assessment of profitability and cash flow trends.
• Relatively low fixed asset base and minimal share capital (£1) could limit capacity for expansion or absorbing financial shocks.

3. Positive Indicators:

• Consistent increase in net assets from £300 in 2021 to £34,591 in 2025, reflecting retained earnings or capital injections.
• Strong net current assets (£31,503 as of Jan 2025) suggest good short-term liquidity to meet obligations.
• No overdue filings; accounts and confirmation statements are current, indicating good regulatory compliance.
• Business classification (plumbing, heat and air-conditioning installation) typically supports steady demand and recurring service revenue.

4. Due Diligence Notes:

• Review detailed profit and loss or cash flow statements if available to confirm operational cash flows and profitability.
• Verify the scale and nature of transactions contributing to net asset growth to rule out non-operating or one-off items.
• Investigate director’s background and capacity to manage, given sole director and employee status.
• Confirm absence of contingent liabilities or off-balance sheet risks that may affect solvency.
• Assess client base and order pipeline to gauge sustainability and growth prospects.