Company Number: 14677143

Analysis Date: 2025-07-20 15:57 UTC

1. Risk Rating: MEDIUM
   Lobbers Logistics Limited is a newly incorporated private limited company with a modest asset base and limited operational history. While it shows positive net assets and no overdue filings, the relatively high level of director loans and finance lease obligations indicate moderate solvency and liquidity risk that warrant monitoring as the business develops.

2. Key Concerns:

• Leverage and Director Loans: The company has £17,304 director loans and £26,055 in finance lease obligations (short and long term combined), which represent significant liabilities relative to total net assets of £23,594. This leverage could constrain financial flexibility.
• Limited Operational History: Having been incorporated in February 2023, the company’s single year of trading offers limited financial and operational track record to assess sustainability.
• Low Employee Base: Operating with only one employee suggests a small scale operation potentially vulnerable to operational disruptions or capacity constraints.

3. Positive Indicators:

• Net Current Assets Positive: The company reports positive net current assets of £10,193, indicating current liabilities are covered by current assets including cash of £21,463.
• Compliance and Timely Filings: All statutory filings including accounts and confirmation statements are up to date with no overdue returns, reflecting good governance compliance for a new company.
• Ownership and Control Clarity: The sole director and 100% owner is actively engaged in the business, which can facilitate streamlined decision-making and oversight.

4. Due Diligence Notes:

• Review the terms and repayment schedule of finance leases and director loans to assess repayment risk and impact on cash flow.
• Obtain cash flow forecasts or budgets to evaluate liquidity under current operational plans.
• Investigate the client base and contract stability underlying trade debtors (£10,889) to verify revenue sustainability.
• Consider the director’s background in logistics and capacity to scale the business beyond the current single-employee model.
• Monitor future filings for trends in profitability, asset growth, and changes in capital structure.