J&J ELITE PROPERTY SERVICES LTD
Executive Summary
J&J ELITE PROPERTY SERVICES LTD is a newly formed real estate letting company with a solid asset base but currently faces liquidity and solvency pressures due to negative net current assets and significant long-term liabilities. The company remains compliant with filing requirements, but limited disclosure on profitability constrains a full risk assessment. Further due diligence on operational cash flows and liability structure is recommended before investment consideration.
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This analysis is opinion only and should not be interpreted as financial advice.
J&J ELITE PROPERTY SERVICES LTD - Analysis Report
- Risk Rating: MEDIUM
Justification: J&J ELITE PROPERTY SERVICES LTD is a recently incorporated private limited company (established Sept 2022) operating in the real estate letting sector. While the company is active and filings are up to date with no overdue accounts or confirmation statements, the financials reveal some concerns. The company holds significant fixed assets (£129,950) but has net current liabilities (-£5,696) and substantial long-term liabilities (£96,713) which pressure short-term liquidity and solvency. However, shareholders’ funds have increased to £25,375 from a nominal £2, showing some capital injection or retained equity growth. The business has no employees and the directors have elected abridged accounts without profit & loss disclosure, limiting visibility into operational performance.
- Key Concerns:
- Negative net current assets (-£5,696) indicate potential liquidity constraints to meet short-term obligations.
- Material creditors falling due after one year (£96,713) pose medium-term solvency risk if cash flows do not improve.
- Absence of profit & loss information restricts assessment of operational sustainability and cash generation capacity.
- Positive Indicators:
- Up-to-date statutory filings and no overdue accounts demonstrate regulatory compliance and governance discipline.
- Increase in shareholders’ funds from £2 to £25,375 suggests new equity or capital strengthening.
- Significant investment in fixed assets (likely rental property) indicates a tangible asset base backing the company’s operations.
- Due Diligence Notes:
- Obtain detailed profit and loss accounts or management accounts to evaluate revenue streams, profitability, and cash flow dynamics.
- Clarify nature and repayment terms of the long-term liabilities (£96,713) to assess refinancing risk or covenant compliance.
- Verify rental income contracts or occupancy status of the investment property to gauge income stability.
- Investigate the directors’ plans for addressing the negative working capital and any anticipated capital injections or refinancing.
- Confirm absence of director disqualifications or regulatory actions beyond the available data.
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