JET CLEANING AND PROPERTY SERVICES LTD
Executive Summary
Jet Cleaning And Property Services Ltd is a newly formed micro-entity with positive net assets and current assets exceeding current liabilities, suggesting initial financial stability. However, limited operating history and minimal disclosures constrain a thorough risk assessment. Continued monitoring of financial performance and operational developments is advised to confirm sustainable viability.
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This analysis is opinion only and should not be interpreted as financial advice.
JET CLEANING AND PROPERTY SERVICES LTD - Analysis Report
Risk Rating: LOW
Justification: The company is newly incorporated (November 2023) and has filed accounts on time without overdue filings. It reports positive net assets and net current assets, indicating solvency and short-term liquidity. The directors and persons with significant control are clearly identified with no adverse records. The company benefits from micro-entity accounting standards which limit disclosure but so far shows stable financial footing.Key Concerns:
- Limited Operating History: Only one 5-month financial period available, restricting ability to assess business sustainability and trends.
- Micro-Entity Status: Minimal financial disclosures limit insight into profitability, cash flows, and detailed liabilities.
- Small Workforce & Asset Base: Only 2 employees and modest fixed assets may imply limited operational scale; business may be vulnerable to market or client concentration risks.
- Positive Indicators:
- Positive Net Current Assets (£5,035) and Net Assets (£13,979) indicating ability to meet short-term obligations.
- Timely Filing Compliance: No overdue accounts or confirmation statements, reflecting good governance and regulatory compliance.
- Clearly Defined Control: Directors and PSCs overlap with no indication of governance conflicts or disqualifications.
- Due Diligence Notes:
- Review management accounts or cash flow forecasts to assess ongoing liquidity beyond year-end snapshot.
- Investigate client base and contract terms to understand revenue stability and operational risks.
- Monitor future filings for profit/loss details and any changes in working capital or liabilities.
- Confirm no director disqualifications or adverse conduct records beyond publicly available data.
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