KEVIN JOE BUILD LTD

Executive Summary

KEVIN JOE BUILD LTD shows significant financial distress with negative net assets and current liabilities exceeding current assets, raising solvency and liquidity concerns. While it remains compliant with filing requirements, its short operating history and minimal financial disclosures warrant careful scrutiny before investment consideration. Further due diligence on cash flows and operational strategy is essential to evaluate viability.

KEVIN JOE BUILD LTD - Analysis Report

Company Number: 14225695

Analysis Date: 2025-07-20 11:15 UTC

1. Risk Rating: HIGH
   The company exhibits a negative net asset position and net current liabilities, indicating solvency concerns. The micro-entity classification and minimal current assets highlight liquidity constraints. Being recently incorporated, it lacks operational track record and scale, increasing risk.

2. Key Concerns:

• Negative net assets of £366 and net current liabilities indicate potential insolvency risk.
• Extremely low current assets (£19) relative to liabilities (£2,242) suggest liquidity stress.
• No audit performed and minimal disclosures limit insight into operational sustainability and financial controls.

3. Positive Indicators:

• The company is compliant with filing deadlines, with no overdue accounts or confirmation statements, indicating basic regulatory adherence.
• The business operates in construction (both domestic and commercial), which can be scalable if managed well.
• The director has acknowledged statutory responsibilities, showing awareness of compliance requirements.

4. Due Diligence Notes:

• Investigate cash flow statements and funding sources to assess short-term liquidity management.
• Clarify the reason for prepayments and accrued income totaling £1,857 against minimal current assets.
• Review business plan and contracts to evaluate operational viability and revenue generation prospects.
• Verify the director’s background and capacity to manage financial and operational challenges.
• Assess any contingent liabilities or off-balance sheet obligations not reflected in the accounts.