Company Number: 13917525

Analysis Date: 2025-07-29 20:33 UTC

1. Risk Rating: LOW to MEDIUM
   The company presents a modest but positive net asset position with no overdue filings and a single director who is also the sole significant controller. The financial data indicates initial capitalization and some working capital, but limited scale and no profitability or cash flow detail restrict full assessment.

2. Key Concerns:

• Limited Financial History and Scale: As a micro-entity incorporated in 2022, Greens Homes Ltd shows minimal fixed assets (£241) and current assets (£12,935) with no employees and no disclosed profit and loss information, which limits insight into operational sustainability.
• Concentration of Control: One director, Mr. Stuart Geddes-Green, holds 75-100% ownership and voting rights, which may pose governance risks given the lack of independent oversight.
• Lack of Audit and Profit & Loss Disclosure: The company has elected audit exemption and not included a profit and loss account, restricting visibility into profitability, cash flows, and operational results.

3. Positive Indicators:

• Positive Net Current Assets and Net Assets: As of 28 February 2024, net current assets stand at £6,766 and net assets at £7,007, which suggests the company can currently meet short-term liabilities.
• Up-to-Date Filings: Accounts and confirmation statements are filed on time with no overdue status, indicating regulatory compliance and administrative diligence.
• No Employees Implies Low Fixed Costs: The absence of employees may reflect a lean cost structure consistent with early-stage development projects.

4. Due Diligence Notes:

• Review underlying cash flow and profit and loss data not included in the micro-entity accounts to assess operational viability.
• Investigate the nature and progress of building development projects (SIC 41100) to evaluate revenue prospects and contract robustness.
• Assess any external financing or contingent liabilities not captured in the limited balance sheet disclosures.
• Consider governance arrangements given sole director and sole shareholder status, including potential conflicts of interest.
• Confirm that there are no undisclosed director disqualifications or regulatory issues affecting the company or its controller.