INTER-STAFF PROPERTIES LIMITED

Executive Summary

Inter-Staff Properties Limited is a newly incorporated micro-entity exhibiting early-stage financial distress, with negative net assets and a working capital deficit that raise solvency and liquidity concerns. While regulatory compliance is satisfactory, the absence of operational scale and limited financial disclosures warrant further investigation into the company’s business model, funding, and cash flow sustainability before considering investment. Continued monitoring of forthcoming financial statements is advised to assess progress toward operational stability.

INTER-STAFF PROPERTIES LIMITED - Analysis Report

Company Number: 15210246

Analysis Date: 2025-07-29 15:16 UTC

1. Risk Rating: HIGH
   The company shows net current liabilities and negative shareholders’ funds within its first 12.5 months of operation. The micro-entity accounts reveal a working capital deficit (£9,280 current assets vs. £10,621 current liabilities) and net liabilities of £1,341, indicating the company is currently insolvent on a balance sheet basis. The absence of any employees and limited financial disclosures further constrain a positive assessment.

2. Key Concerns:

• Negative Net Assets: The company has net liabilities and negative equity, which raises immediate solvency concerns.
• Working Capital Deficit: Current liabilities exceed current assets, suggesting potential cash flow or liquidity issues in meeting short-term obligations.
• Lack of Operational Scale: No reported employees and minimal financial activity could signal limited operational capacity or early-stage risk, with uncertain revenue generation prospects.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with its accounts and confirmation statement filings, indicating good regulatory compliance to date.
• No Audit Requirement: As a micro-entity, the company benefits from simplified reporting, reducing administrative burden and costs.
• Experienced Management: Multiple directors from the same family (surname Lawton) may suggest a committed management team with aligned interests, though this also requires further scrutiny.

4. Due Diligence Notes:

• Investigate the nature and timing of the negative net assets: Is this due to start-up costs, initial losses, or other liabilities?
• Assess cash flow projections and funding sources to understand how the company plans to address working capital deficits and future operational costs.
• Clarify the business model and revenue streams given the absence of employees and limited financial data; confirm if leasing or letting activities have commenced.
• Review any related party transactions or inter-company dealings given the multiple family directors.
• Monitor future filings for improvements or deterioration in financial position.