Company Number: 14193441

Analysis Date: 2025-07-29 16:08 UTC

1. Risk Rating: MEDIUM
   KEKK PROPERTY LIMITED shows solid net asset backing primarily from fixed assets, indicating a stable asset base. However, the significant level of long-term creditors relative to net assets and limited current assets raise some concerns about liquidity and debt servicing capacity. The company is very new (incorporated 2022) and operates as a micro-entity, limiting the available financial disclosure.

2. Key Concerns:

• High Long-Term Creditors: The company has £227,543 in creditors due after more than one year against net assets of £469,545, reflecting a material level of debt that must be managed prudently.
• Low Current Assets vs. Current Liabilities: Although net current assets are positive (£2,976), current assets are very low (£4,819) compared to creditors due within one year, which could strain short-term liquidity.
• Limited Financial History and Scale: Being incorporated in mid-2022 and filing micro-entity accounts restricts insight into operational performance and cash flow trends, increasing uncertainty about sustainability.

3. Positive Indicators:

• Consistent Net Asset Growth: Net assets increased slightly from £466,318 in 2023 to £469,545 in 2024, showing asset base growth primarily through fixed assets.
• No Overdue Filings or Compliance Issues: All accounts and confirmation statements are filed on time, indicating good regulatory compliance and governance discipline.
• Shareholder Support and Control Stability: Directors and PSCs appear stable with clear ownership and voting control structure, which supports governance continuity.

4. Due Diligence Notes:

• Review the nature and terms of the long-term creditors to assess repayment schedules, interest obligations, and potential refinancing risks.
• Obtain or request management accounts or cash flow forecasts to evaluate liquidity, especially given the low current assets relative to short-term liabilities.
• Investigate the business model, revenue streams, tenant occupancy (if applicable), and any contingent liabilities or off-balance sheet commitments.
• Confirm whether any related party transactions exist, given directors’ dual roles and shareholdings.
• Consider obtaining a credit report on the company and directors to check for any undisclosed risks.