J.GULLIVER PLUMBING AND HEATING LIMITED

Executive Summary

J.Gulliver Plumbing and Heating Limited exhibits strong early financial health with robust liquidity and a positive equity base typical of a well-managed micro start-up. While the business is financially stable and compliant, continued cash flow vigilance and strategic planning for growth and risk management will be key to sustaining and enhancing its financial wellness.

J.GULLIVER PLUMBING AND HEATING LIMITED - Analysis Report

Company Number: 15392039

Analysis Date: 2025-07-20 14:01 UTC

Financial Health Assessment of J.Gulliver Plumbing and Heating Limited

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1. Financial Health Score: B

Explanation:
This company demonstrates solid early-stage financial health with strong working capital and positive net assets, indicating a healthy foundation. The score reflects that while the business is young and micro-sized, its vital financial signs show stability and no immediate distress. However, the limited trading history and small asset base suggest cautious optimism pending further operational data.

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2. Key Vital Signs

Metric	Value (£)	Interpretation
Fixed Assets	4,687	Small investment in long-term assets appropriate for a start-up plumbing business.
Current Assets	75,601	Healthy cash and short-term assets to cover immediate obligations.
Current Liabilities	21,605	Short-term debts are moderate but well-covered by current assets.
Net Current Assets (Working Capital)	53,996	Strong positive working capital, indicating liquidity and ability to meet short-term debts.
Total Assets Less Current Liabilities	58,683	Reflects net asset value; positive and shows financial cushion above liabilities.
Shareholders’ Funds	58,683	Equity provided mainly by owner’s investment; indicates no external debt burden.
Number of Employees	1	Sole proprietor or micro-business scale.

Interpretation:

• The company has a "healthy cash flow" symptom, reflected in strong liquidity and working capital, vital for daily operations in a trade business.
• The positive net assets show no signs of "financial distress" such as insolvency or excessive debt.
• The micro-entity status and single-employee count are typical for a newly incorporated small business.
• Absence of overdue filings or penalties suggests good compliance and governance.

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3. Diagnosis

J.Gulliver Plumbing and Heating Limited is in a stable and healthy financial condition for its early stage. The company’s balance sheet presents no alarming symptoms such as negative working capital or high leverage. The business’s financial "vital signs" suggest adequate liquidity, low risk of immediate financial stress, and a solid equity base from the sole shareholder who also acts as director.

The company’s micro-entity status and limited fixed assets reflect a lean operational model typical for a start-up in the plumbing and heating installation industry. The financial statements are unaudited but compliant with micro-entity provisions, which is standard for such a small operation.

The primary risk is the short trading history, which limits trend analysis or forecasting reliability. The single director/shareholder structure means business continuity could be vulnerable if key person risk materializes.

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4. Recommendations

To maintain and improve financial wellness, the company should consider the following:

• Maintain Healthy Cash Flow: Continue monitoring working capital carefully to avoid liquidity crunches, especially during seasonal fluctuations common in trades.
• Build Asset Base Gradually: Reinvest profits prudently to acquire essential tools or vehicles that improve operational efficiency without overextending financially.
• Plan for Growth: As business scales, consider formalizing financial controls and forecasting processes to anticipate cash needs and manage expenses.
• Risk Mitigation: Address single-person dependency risk by documenting business processes and considering succession planning or adding key personnel.
• Regular Compliance: Ensure timely filing of accounts and confirmation statements to avoid penalties and maintain good standing with Companies House.
• Explore Finance Options: If growth requires capital, investigate small business loans or grants tailored to micro-businesses in the construction sector.
• Monitor Market Conditions: Keep abreast of industry trends and potential economic impacts on construction and plumbing demand to adapt strategy proactively.

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