Company Number: 13953138

Analysis Date: 2025-07-20 14:48 UTC

1. Risk Rating: MEDIUM
   JIL Installations Ltd demonstrates a positive trend in net assets and working capital over two years, indicating growing financial stability. However, the presence of bank loans and provisions, together with relatively modest cash reserves compared to liabilities, suggests moderate solvency and liquidity risk at this stage.

2. Key Concerns:

• Bank Loans and Creditors: The company has increased both short-term (£3,840) and long-term (£13,440) bank loans as at 31 March 2024, which raises obligations that must be carefully managed to avoid solvency issues.
• Provisions for Liabilities: The provisions have increased significantly to £3,608, which may indicate contingent liabilities or potential future costs that could impact financial stability.
• Modest Cash Reserves Relative to Liabilities: While cash increased to £20,941, current liabilities stand at £14,512, which leaves limited liquidity buffer once other short-term commitments are considered.

3. Positive Indicators:

• Improved Net Assets and Working Capital: Net assets grew from £2,322 in 2023 to £22,400 in 2024, with net current assets increasing substantially to £20,454, indicating business growth and improved financial health.
• Increasing Tangible Fixed Assets: Investment in plant, machinery, and motor vehicles increased significantly, suggesting business expansion and operational capacity development.
• No Overdue Filings or Compliance Issues: All statutory accounts and confirmation statements are filed on time, reflecting good governance and compliance.
• Single Controlling Party with Clear Accountability: Mr. Matthew O’Grady holds full ownership and control, which may enable efficient decision-making and strategic direction.

4. Due Diligence Notes:

• Review the nature and terms of the bank loans and any associated covenants to assess refinancing or repayment risk.
• Investigate the components and causes of the increased provisions for liabilities to understand potential financial impact or contingent risks.
• Assess cash flow forecasts and working capital management to ensure liquidity is sufficient to meet ongoing obligations, particularly given the increase in current liabilities and loan balances.
• Clarify the company's revenue trends and profitability given that turnover figures are not disclosed in the available data.
• Confirm absence of any director disqualifications or regulatory sanctions beyond publicly available records.
• Evaluate the business model and industry risks under SIC code 96090 (Other service activities not elsewhere classified) for sustainability and market position.