GREENS & LEISURE LIMITED

Executive Summary

Greens & Leisure Limited demonstrates a high risk profile due to sustained negative equity and current liabilities exceeding current assets, indicating solvency and liquidity challenges. While the company maintains regulatory compliance and stable directorship, its limited financial resources and ongoing deficits raise concerns about operational sustainability. Further investigation into liabilities and cash flow projections is recommended to fully assess potential recovery or restructuring needs.

GREENS & LEISURE LIMITED - Analysis Report

Company Number: 12748189

Analysis Date: 2025-07-29 17:27 UTC

1. Risk Rating: HIGH
   The company exhibits persistent negative net assets and net current liabilities, indicating insolvency risk and potential inability to meet short-term obligations.

2. Key Concerns:

• Solvency Risk: The company’s net assets remain negative (£-208 as of July 2024) with consistent net current liabilities, signaling financial distress and potential inability to cover liabilities.
• Liquidity Concerns: Current liabilities slightly exceed current assets, with working capital deficits in the latest two years, suggesting cash flow pressures.
• Operational Stability: Limited financial resources and small scale (micro-entity status, minimal share capital of £100) raise questions about the sustainability of operations, especially given minimal cash reserves and ongoing losses.

3. Positive Indicators:

• Filing Compliance: Accounts and confirmation statements are up to date with no overdue filings, indicating regulatory compliance.
• Stable Management: Director has been in position since incorporation with no resignation or disqualification records, which supports continuity in leadership.
• Micro-Entity Status: The company benefits from simplified reporting and presumably lower administrative burdens, which can reduce operational costs.

4. Due Diligence Notes:

• Investigate the nature of the current liabilities to understand their composition and repayment terms, including any related party loans or trade creditors.
• Review cash flow statements and management forecasts (if available) to assess whether the company can improve liquidity or requires external funding.
• Clarify the business model and revenue streams given the manufacturing SIC code and small asset base to evaluate operational viability.
• Confirm whether the company has any contingent liabilities or ongoing disputes that could impact financial health.