INT PROPERTIES LIMITED

Executive Summary

INT Properties Limited operates in the property letting sector with a stable asset base but persistent liquidity challenges evidenced by significant net current liabilities. The company maintains regulatory compliance and stable management, yet its low equity and creditor levels warrant closer examination of cash flows and creditor arrangements to assess financial sustainability.

INT PROPERTIES LIMITED - Analysis Report

Company Number: 13132797

Analysis Date: 2025-07-20 11:14 UTC

1. Risk Rating: MEDIUM
   The company shows a stable asset base and ongoing operations but exhibits significant net current liabilities and thin capitalisation, which may constrain its short-term financial flexibility.

2. Key Concerns:

• Negative Net Current Assets: The company consistently reports net current liabilities exceeding £145k, indicating potential liquidity pressures to meet short-term obligations.
• Significant Long-Term Creditors: Creditors due after more than one year stand at approximately £129k, which represents a material long-term liability relative to shareholders’ funds.
• Low Share Capital and Equity Base: With a nominal share capital of £2 and shareholders’ funds around £32k, the company's equity buffer is limited, raising concerns about resilience against financial shocks.

3. Positive Indicators:

• Consistent Fixed Asset Base: Fixed assets remain steady at £307k over the years, indicating ownership of tangible or investment property assets that underpin the business.
• Timely Filing and Compliance: The company is up-to-date with both accounts and confirmation statement filings, reflecting good regulatory compliance and governance.
• Stable Directorship: Both directors have been in place since incorporation with no adverse records disclosed, suggesting stable management.

4. Due Diligence Notes:

• Examine Nature and Terms of Creditors: Further details on the composition of current and long-term creditors are needed to assess repayment terms and refinancing risks.
• Cash Flow Analysis: Investigate recent cash flow statements to evaluate operational liquidity and the company’s ability to cover short-term liabilities.
• Asset Valuation and Market Position: Confirm the valuation basis of fixed assets (likely property) and assess market conditions affecting rental income or asset disposals.
• Directors’ Strategies: Review management commentary or strategic plans to understand how the company intends to improve liquidity and strengthen equity.