GREENAPPLES PROPERTY LTD

Executive Summary

GREENAPPLES PROPERTY LTD, a recently incorporated micro-entity operating in real estate management, currently shows a fragile financial position with net liabilities and severe working capital deficits. While regulatory filings are up to date and fixed assets exist, the lack of employees and negative net assets present significant solvency and liquidity risks. Further investigation into asset valuation, creditor composition, and operational viability is recommended to assess the company’s sustainability.

GREENAPPLES PROPERTY LTD - Analysis Report

Company Number: 14813114

Analysis Date: 2025-07-29 14:18 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk as its balance sheet shows net liabilities of £3,996 despite holding fixed assets of £183,000. Current liabilities of £188,587 vastly exceed current assets of £1,591, indicating severe liquidity constraints.

2. Key Concerns:

• Negative Net Assets: Total net liabilities highlight an insolvent position on a balance sheet basis.
• Severe Working Capital Deficit: Net current liabilities near £187k suggest inability to meet short-term obligations.
• No Employees and Early Stage: Incorporated less than one year ago with no staff, raising questions on operational stability and revenue generation capacity.

3. Positive Indicators:

• No Overdue Filings: Accounts and confirmation statements are filed on time, indicating regulatory compliance so far.
• Asset Base in Property: Fixed assets of £183,000 likely represent tangible property holdings aligned with the company’s real estate management SIC codes.
• Clear Ownership and Management: Two directors/shareholders with defined control, which may facilitate decision-making and oversight.

4. Due Diligence Notes:

• Clarify Nature and Valuation of Fixed Assets: Verify if property assets are encumbered, impaired, or fully owned.
• Examine Reasons for Large Current Liabilities: Identify creditors, payment terms, and potential contingencies.
• Assess Business Model and Revenue Streams: Understand how the company plans to generate income given no employees and early stage of operations.
• Review Directors’ Plans for Addressing Solvency Issues: Look for any restructuring, refinancing, or capital injection plans.
• Monitor Future Filings and Confirm Continued Compliance: Being a new entity, ongoing compliance and operational updates are critical.