Company Number: OC430419

Analysis Date: 2025-07-29 20:51 UTC

1. Risk Rating: LOW
   JVA Holdings LLP demonstrates a strong net asset position and positive working capital in the most recent financial year. There are no overdue filings or indications of regulatory non-compliance. The company benefits from a stable ownership structure and has maintained active status without signs of financial distress.

2. Key Concerns:

• Significant reduction in fixed assets value from £923k (2023) to £683k (2024), reflecting disposals of investments which may indicate portfolio rebalancing or asset liquidation.
• Very low cash balance (£754) relative to current liabilities (£1,320), which could challenge short-term liquidity despite positive net current assets owing to receivables from members.
• Absence of turnover and profit & loss data limits assessment of operational performance and sustainability.

3. Positive Indicators:

• Net assets remain healthy at £695k with net current assets positive at £11.9k, showing the company can meet short-term liabilities.
• No overdue accounts or confirmation statement filings, indicating good compliance and corporate governance.
• Members’ capital classified as a liability is substantial (£657k), suggesting strong capital backing by members.
• No employees, which reduces operational overhead and risk associated with workforce management.

4. Due Diligence Notes:

• Investigate the nature and future prospects of the investment portfolio, including reasons for disposals and valuation methodology.
• Clarify the company’s revenue generation model and obtain profit and loss information to assess operational sustainability.
• Review cash flow statements (if available) to understand liquidity management and timing of member loans repayment.
• Confirm the identity and background of members, particularly the nationality unknown status of one appointed member, to assess governance and control risks.
• Verify if there are any contingent liabilities or off-balance sheet obligations not disclosed in the accounts.