GREEN RETROFIT SOLUTIONS LTD

Executive Summary

GREEN RETROFIT SOLUTIONS LTD shows improving financial health with positive net assets and no overdue filings, posing a low solvency risk. However, its micro-entity status, sole director control, and absence of employees warrant further review of operational sustainability and governance robustness. Overall, the company appears compliant and solvent but requires deeper understanding of its business model and cash flow dynamics for comprehensive risk assessment.

GREEN RETROFIT SOLUTIONS LTD - Analysis Report

Company Number: 13478699

Analysis Date: 2025-07-20 16:06 UTC

1. Risk Rating: LOW

Justification: GREEN RETROFIT SOLUTIONS LTD demonstrates a positive net asset position as of its latest accounts (30 June 2024) with net current assets of £38,305 and net assets of the same amount, indicating solvency. The company has no overdue filings and is classified as active with compliance up to date. The absence of employees and small scale suggests a low operational complexity and associated risks typical of a micro-entity. The sole director holds full control, which simplifies governance but requires scrutiny.

2. Key Concerns:

• Limited scale and micro-entity status inherently restrict financial resilience and operational breadth.
• Reliance on a single director/owner who controls 75-100% of shares and voting rights could pose governance and succession risks.
• No employees recorded may indicate limited operational capacity or possible outsourcing, which could impact business continuity and growth potential.

3. Positive Indicators:

• Improvement in net current assets from negative/near zero in prior years to a positive £38,305 in 2024 suggests enhanced liquidity and financial management.
• Compliance with all filing deadlines with no overdue accounts or confirmation statements reflects good regulatory adherence.
• The company has maintained active status and appears solvent with positive shareholders’ funds.

4. Due Diligence Notes:

• Investigate the nature and sustainability of the company’s revenue streams and business model given no employees and micro-entity classification.
• Review cash flow statements or bank records if available to confirm liquidity beyond balance sheet snapshots.
• Assess the risk related to director concentration and confirm any contingency plans for governance or operational continuity.
• Verify any off-balance sheet liabilities or contingent risks not disclosed in the micro-entity accounts.
• Confirm the reason for the significant increase in current assets between 2023 and 2024 to understand its sustainability.