Company Number: 14305661

Analysis Date: 2025-07-20 17:19 UTC

1. Risk Rating: LOW
   John Limes Ltd demonstrates a positive net asset position as of 31 August 2024, recovering from a small net liability in prior years. The company is micro-entity sized, compliant with filing deadlines, and has a single director with full ownership control. Available data suggest low immediate solvency or liquidity risk.

2. Key Concerns:

• Historical negative net assets for the first two years (2022 and 2023) indicate initial financial instability or startup losses that require monitoring.
• The company has only one employee and is in a niche real estate sector, which may limit operational scalability and diversification.
• Limited financial disclosures due to micro-entity status restrict deeper analysis of profitability and cash flow dynamics.

3. Positive Indicators:

• Net current assets improved significantly from negative £38 in 2023 to positive £10,481 in 2024, indicating stronger liquidity and working capital management.
• No overdue filings for accounts or confirmation statements, reflecting good regulatory compliance and governance.
• Ownership and directorship centralized under one individual (Mr John Paul Eddleston) with clear control, reducing governance complexity.

4. Due Diligence Notes:

• Obtain management accounts or cash flow statements to assess ongoing liquidity and operational cash generation beyond balance sheet snapshots.
• Review details behind the turnaround from negative to positive net assets to confirm sustainability of improvements.
• Investigate the company’s business model viability in the "other letting and operating of own or leased real estate" sector given minimal staffing and asset base.