INSIGHT SURVEYORS LTD

Executive Summary

Insight Surveyors Ltd exhibits a low risk profile supported by increasing net assets, positive working capital, and current compliance with statutory filings. However, elevated director loans and rising tax liabilities warrant further review to ensure ongoing liquidity and operational stability. Overall, the company appears financially stable with no immediate solvency concerns.

INSIGHT SURVEYORS LTD - Analysis Report

Company Number: 13182524

Analysis Date: 2025-07-29 19:23 UTC

1. Risk Rating: LOW

Justification: Insight Surveyors Ltd demonstrates solid financial health with positive net assets and net current assets increasing year-on-year. The company is current on its statutory filings with no overdue accounts or confirmation statements. Directors hold significant control but no adverse regulatory or governance issues are evident.

2. Key Concerns:

• Elevated Director Loans: The company has extended interest-free loans totaling approximately £82,400 to its directors, which could pose risks if not repaid or properly documented.
• Increased Tax and Social Security Creditors: Current liabilities related to taxation and social security nearly doubled from £86,985 in 2023 to £166,510 in 2024, requiring scrutiny on cash flow management and timely settlement.
• Dependence on Debtors: Debtor balances grew substantially to £295k in 2024 from £90k in 2023, highlighting potential exposure to credit risk or collection delays affecting liquidity.

3. Positive Indicators:

• Strong Liquidity Position: Cash balances remain healthy at £97k, and net current assets increased to £216k, indicating the company can comfortably meet short-term obligations.
• Consistent Growth: The company has increased net assets from £44k in 2021 to £223k in 2024, reflecting retained earnings and business expansion.
• Compliance and Governance: All statutory filings are up to date with no overdue returns, and the company is not undergoing any insolvency procedure. Directors are disclosed with no disqualifications noted.

4. Due Diligence Notes:

• Review the terms and security (if any) of the director loans to assess repayment risk and impact on company finances.
• Investigate reasons for the rise in tax and social security creditor balances to ensure these liabilities are being managed effectively.
• Assess debtor aging and credit control policies to evaluate potential liquidity risk from slow collections.
• Confirm that operating lease commitments (noted at £16,800) are manageable within current cash flows.