Company Number: SC688710

Analysis Date: 2025-07-29 20:44 UTC

1. Risk Rating: LOW
   KILBRIDE ELECTRICAL LTD demonstrates a stable and improving financial position with positive net current assets and net assets, no overdue filings, and no indication of operational or regulatory distress. The company is micro-sized and appears to be well-managed by a single director with full control.

2. Key Concerns:

• Limited Scale and Employee Base: The company reports zero employees and minimal financial scale, which may limit operational capacity and growth prospects.
• Concentration of Control: One individual holds 75-100% ownership and control, presenting potential governance risks if succession or conflicts arise.
• No Audit or External Verification: Being exempt from audit under micro-entity rules means financials may lack external assurance, increasing reliance on the director’s accuracy and integrity.

3. Positive Indicators:

• Consistent Growth in Net Assets: Net assets have grown from £26 in 2021 to £6,539 in 2024, indicating increasing retained earnings or asset base.
• Healthy Liquidity Position: Net current assets rose to £7,319 in 2024, suggesting the company can meet short-term liabilities comfortably.
• Up-to-Date Compliance: All statutory filings including accounts and confirmation statements are up to date, reflecting good regulatory compliance.

4. Due Diligence Notes:

• Verify the nature and reliability of current assets to confirm liquidity quality.
• Investigate business model sustainability given no employees are reported; confirm if subcontractors or external resources are used.
• Review director’s background and capacity given sole control and operational responsibility.
• Confirm future revenue streams and contracts to assess ongoing viability beyond the micro-entity scale.