JAMES FRY PROPERTIES LTD

Executive Summary

James Fry Properties Ltd is a recently established private limited company operating in property development and leasing with significant solvency and liquidity challenges as reflected by negative equity and net current liabilities. While compliant with filing requirements and possessing some tangible assets, the company currently lacks operational revenue and demonstrates undercapitalization. Further analysis of asset values, cash flow plans, and business prospects is essential before considering investment exposure.

JAMES FRY PROPERTIES LTD - Analysis Report

Company Number: 14525379

Analysis Date: 2025-07-20 14:08 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk as evidenced by persistent negative net assets and negative shareholders’ funds over multiple reporting periods. Current liabilities substantially exceed current assets, indicating liquidity challenges. The company is newly incorporated and has minimal operational history, which elevates operational stability risk.

2. Key Concerns:

• Negative shareholders’ funds of £1,583 as of July 2024, worsening from previous periods, indicating ongoing net losses or undercapitalization.
• Net current liabilities of £11,118 as of July 2024, reflecting poor short-term liquidity and potential difficulty in meeting obligations as they fall due.
• Lack of operational revenue (turnover not disclosed and no employees), suggesting the business may not yet be generating sustainable cash flows from property development or leasing activities.

3. Positive Indicators:

• The company is current with all statutory filings and accounts, reducing regulatory compliance risk.
• Presence of tangible fixed assets valued at £9,536 may provide some asset backing, although relatively modest in size.
• Single director and sole person of significant control (PSC) aligned in ownership and management, potentially facilitating swift decision-making.

4. Due Diligence Notes:

• Investigate the nature and quality of the tangible fixed assets to assess realizable value under distressed conditions.
• Review underlying contracts, leases, or development projects associated with SIC codes for property and equipment leasing to evaluate operational prospects.
• Examine cash flow forecasts, funding arrangements, or shareholder loans that may support liquidity in the near term.
• Consider director’s plans for capital injection or restructuring given sustained negative equity.
• Confirm absence of contingent liabilities or off-balance sheet obligations that could further impair financial stability.