LEE WRIGHT PROJECT MANAGEMENT LIMITED

Executive Summary

Lee Wright Project Management Limited is a small, niche player in the UK building project development sector, operating with limited scale and financial resources typical of a recently incorporated firm. Its financial position, marked by negative working capital and modest equity, reflects early-stage challenges common in the sector amid volatile market conditions. While operational flexibility and asset investment provide some strengths, the company remains positioned as a follower within a competitive and capital-intensive industry environment.

LEE WRIGHT PROJECT MANAGEMENT LIMITED - Analysis Report

Company Number: 13816195

Analysis Date: 2025-07-29 15:24 UTC

1. Industry Classification
   Lee Wright Project Management Limited operates primarily within the SIC code 41100, which corresponds to the "Development of building projects" sector. This sector encompasses companies engaged in the management, coordination, and development of construction projects, including residential, commercial, and infrastructure developments. Key characteristics of this sector include high capital intensity, significant regulatory oversight, reliance on project management expertise, and sensitivity to economic cycles affecting construction demand.

2. Relative Performance
   As a private limited company incorporated in late 2021, Lee Wright Project Management Limited is a very young and small-scale player within the building project development sector. The company qualifies under the small company exemption regime, with financials showing:

• Total assets less current liabilities at £13,105 in 2024, down from £52,243 in 2023.
• Negative net current assets (-£36,799), indicating current liabilities exceed current assets.
• Shareholders' funds of £13,105, reflecting modest equity backing.
• Tangible fixed assets mainly consist of motor vehicles valued at £49,904, a relatively large figure compared to total equity, which may suggest asset-heavy operations or specific project logistics needs.
  Typical industry metrics for more established firms in project development include significantly higher turnover (often millions of pounds), positive working capital, and stronger liquidity to manage project cash flows and subcontractor payments. This company’s negative working capital and declining net assets imply cash flow pressures or investment in assets ahead of revenue generation, which is not uncommon in early-stage project developers but is below average compared to mature peers.

3. Sector Trends Impact
   The building project development sector in the UK has experienced mixed conditions recently:

• Fluctuations in construction demand due to economic uncertainty, inflationary pressures, and rising interest rates.
• Supply chain disruptions and increased costs for materials and labour impacting margins.
• A growing emphasis on sustainable and energy-efficient building practices, mandating additional compliance and potential upfront investment.
• Increasing competition from both large-scale developers and specialized niche firms.
  These dynamics can strain small developers with limited capital and working capital flexibility. Lee Wright Project Management Limited’s financials suggest it is navigating these challenges with limited scale and resources, making it vulnerable to sector headwinds but potentially nimble in project selection.

4. Competitive Positioning
   Strengths:

• As a small private limited company with a tight ownership and management structure (a single major shareholder and director), the company can make swift decisions and maintain operational flexibility.
• The tangible asset base, especially motor vehicles, may support project logistics and onsite management, which is critical in project development.
  Weaknesses:
• Negative net current assets and a shrinking equity base raise concerns about liquidity and short-term financial stability compared to typical industry standards where positive working capital is crucial.
• Limited scale and financial resources restrict the ability to bid for large or multiple projects simultaneously, placing the company in a niche or follower position rather than a market leader.
• Absence of turnover and profitability data (income statement not filed) makes it difficult to assess operational efficiency or revenue growth, which is critical in competitive positioning.
  Compared to sector leaders and medium to large developers, Lee Wright Project Management Limited appears to be a niche player likely focused on smaller-scale or specialized projects, possibly with a regional or local market focus around Corby and the East Midlands.