J A LEE LIMITED
Company number 04452322 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Credit Analysis: J A LEE LIMITED
1. Credit Opinion: DECLINE
This application cannot proceed. The company is dissolved (effective 11 August 2026) and therefore ceases to exist as a legal entity. A dissolved company cannot enter into credit agreements, service debt, or conduct business. No credit facility can be extended to an entity that has been struck off the register.
2. Financial Strength
For historical reference only:
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Assets | £61,855 | £52,925 | £44,684 | £43,915 | £44,590 |
| Total Liabilities | (£3,585) | (£6,846) | (£6,412) | (£9,653) | (£15,026) |
| Net Assets | £58,270 | £46,079 | £38,272 | £34,262 | £29,564 |
Observations: - The balance sheet showed consistent strengthening over the historical period, with net assets growing from £181 (2016) to £58,270 (2025) - Liabilities were being actively reduced, falling from £15,026 (2021) to £3,585 (2025) — a 76% reduction - The company operated debt-light with minimal leverage; liabilities represented only 5.8% of total assets at the last filing - Share capital remained static at £102, with all growth reflected through retained profits (P&L reserve)
3. Cash Flow Assessment
- Micro-entity filings limit visibility into detailed cash flow, P&L, or working capital breakdown
- No turnover or profit figures disclosed (permitted under micro-entity regime)
- Current assets of £61,855 against current liabilities of only £3,585 yields a current ratio of approximately 17:1 — extremely liquid on paper
- Cash positions (where disclosed) were modest: £2,837 (2018), £3,046 (2017), £3,401 (2016)
- The 2-employee window cleaning operation would be low-overhead with minimal working capital requirements
4. Monitoring Points
This company cannot be monitored going forward — it is dissolved.
However, for the wider group context, the following should be noted:
- PSC Structure: The company was wholly controlled by J A Lee Window & General Cleaning Contractors Limited, which holds >75% of shares and voting rights. Any credit exposure to the group should assess the parent entity's financial position separately
- Director: Joseph Andrew Lee — no disqualification records noted, but standard due diligence should be applied if dealing with the director in future ventures
- Sector Risk: Window cleaning (SIC 81221) is typically recession-resilient but labour-intensive with low barriers to entry
- Name Change: Originally incorporated as "LEEPFROG LIMITED" (changed December 2003) — no inherent concern but worth noting for group structure tracing
Summary Assessment
The historical financial trajectory was strongly positive, with net assets growing over 32,000% from 2016 to 2025 and liabilities being systematically reduced. However, the company's dissolved status renders any credit assessment moot — the entity no longer exists and cannot borrow or trade. If the proprietor seeks credit facilities for ongoing business activities, this would need to be pursued through the parent company (J A Lee Window & General Cleaning Contractors Limited) or a new vehicle entirely.