Company Number: 12691301

Analysis Date: 2025-07-20 14:59 UTC

1. Risk Rating: MEDIUM

Justification: The company is active, compliant with filing deadlines, and has undergone an audit with no material uncertainties over going concern. However, the financial data reveals net liabilities and extremely low cash balances, which raises concerns about liquidity and solvency. The company operates as a holding company with significant intercompany balances and related party control, which suggests dependency on group support.

2. Key Concerns:

• Liquidity: Cash on hand is minimal (£216), while current liabilities are substantial (£8.85m), indicating potential cash flow issues despite large debtor balances.
• Solvency: Net liabilities of £196 at the latest year-end reflect a marginally negative equity position, which may affect creditor confidence.
• Related Party and Group Dependency: The company is wholly controlled by Macc Care Group Holding Limited and operates as a holding entity with investments in subsidiaries, implying financial health is linked to group performance and internal balances.

3. Positive Indicators:

• Compliance: No overdue accounts or confirmation statements, and the company has undergone a full audit with an unqualified opinion.
• Going Concern: Auditors have not raised material doubts about the company’s ability to continue as a going concern.
• Established Control: Clear ownership structure with a major group holding 75-100% shares and voting rights, providing potential backing and operational stability.

4. Due Diligence Notes:

• Review intercompany debtor balances (£8.97m) for collectability and underlying substance to assess true liquidity.
• Investigate nature and terms of long-term liabilities (£8.85m) to understand repayment obligations and group support arrangements.
• Assess the financial health and performance of the parent and subsidiary companies within the group to evaluate overall group stability.
• Confirm absence of director misconduct or governance issues beyond the resignation of one director in 2023.
• Clarify the operational role of the company given it is described as a holding company, ensuring it has sustainable business activities or reliable group support.