Company Number: 14739441

Analysis Date: 2025-07-29 12:59 UTC

1. Risk Rating: LOW
   Jubilee Central Ltd is a newly incorporated company (March 2023) with its first set of unaudited abridged accounts filed timely and no overdue statutory filings. The financial snapshot as of March 2024 shows positive net current assets and shareholders’ funds, indicating an initial stable capital structure and working capital position.

2. Key Concerns:

• Limited Operating History: Incorporated less than two years ago, the company has a very limited financial track record, which increases uncertainty regarding its operational sustainability and future cash flows.
• Modest Cash Position: Cash at bank is low (£992), which may constrain liquidity and operational flexibility if receivables collection is delayed or expenses increase.
• Concentration of Control: Jubilee Church Hull holds 75-100% of shares and voting rights, with full control over director appointments, which may pose governance risks if conflicts of interest arise or if oversight is insufficient.

3. Positive Indicators:

• Positive Net Current Assets: Net current assets of £8,581 demonstrate a working capital surplus, suggesting the company can meet short-term liabilities as of the latest accounts date.
• No Overdue Filings or Compliance Issues: Both accounts and confirmation statement filings are up to date, reflecting good regulatory compliance.
• Clear Industry Focus: The company operates in letting and managing conference and exhibition centres, supported by an active website and clear business description, indicating operational intent and market positioning.

4. Due Diligence Notes:

• Review Cash Flow and Receivables Quality: Investigate the nature and collectability of the £14,490 debtors balance to assess liquidity risk.
• Assess Revenue Generation and Profitability Trends: Obtain management accounts or interim financials to understand turnover, margins, and operating cash flows since incorporation.
• Examine Governance Arrangements: Understand the relationship with Jubilee Church Hull, including any related-party transactions (noted £10,000 donation) and how governance safeguards are implemented.
• Confirm Fixed Assets Position: No tangible fixed assets are reported; verify if this aligns with operational needs or if leasing or other arrangements are in place.