GS&S LTD

Executive Summary

GS&S LTD is a micro-entity freight transport company with a strong liquidity position and compliant filing record, reflecting low immediate solvency risk. However, limited operational scale, sole director control, and absence of profitability data warrant further due diligence to fully assess business sustainability and governance robustness.

GS&S LTD - Analysis Report

Company Number: 13537517

Analysis Date: 2025-07-20 16:40 UTC

1. Risk Rating: LOW
   GS&S LTD demonstrates a stable financial position with positive net current assets increasing year-over-year and no overdue filings. The company operates within micro-entity reporting standards, showing modest but consistent growth in net assets and shareholders' funds.

2. Key Concerns:

• Limited scale and scope: As a micro-entity with only one employee, the business may have limited operational capacity and resilience to market shocks.
• Concentrated ownership and control: The sole director and 75-100% shareholder could pose governance risks, including lack of oversight or succession planning.
• Absence of profit and loss data: The P&L account has not been filed, limiting insight into profitability, revenue trends, and expense management.

3. Positive Indicators:

• Healthy working capital: Net current assets increased from £2,166 in 2021 to £6,629 in 2024, indicating good short-term liquidity relative to current liabilities.
• Up-to-date statutory compliance: No overdue accounts or confirmation statements, suggesting sound administrative and regulatory adherence.
• Consistent director presence: Same director since incorporation, providing continuity in leadership.

4. Due Diligence Notes:

• Obtain and review full profit and loss information to assess operational profitability and cash flow dynamics.
• Investigate customer concentration and contract stability given the niche freight transport sector and small company size.
• Assess the director’s background and governance practices given sole control and ownership.
• Verify any contingent liabilities or off-balance sheet risks not evident in the micro-entity accounts.