MAN AND VAN EPSOM DOWNS WASTE CLEARANCE LTD

Executive Summary

MAN AND VAN EPSOM DOWNS WASTE CLEARANCE LTD exhibits elevated financial risk primarily due to negative net assets and working capital deficits, despite being compliant with filing requirements. The company’s increasing debt levels and liquidity constraints warrant close scrutiny before considering investment. Further due diligence is recommended to clarify underlying causes and assess operational sustainability.

MAN AND VAN EPSOM DOWNS WASTE CLEARANCE LTD - Analysis Report

Company Number: 13910454

Analysis Date: 2025-07-29 20:59 UTC

1. Risk Rating: HIGH
   The company shows a negative net asset position and liabilities exceeding assets, indicating solvency concerns. Although it is a micro-entity with minimal financial disclosures, the deterioration from prior year net assets of £485 to a negative £1,464 raises a significant red flag.

2. Key Concerns:

• Negative Net Assets: The balance sheet as of 28 February 2024 reports net liabilities of £1,464, signaling potential insolvency risk.
• Current Liabilities Exceed Current Assets: The company’s working capital is negative, indicating liquidity stress and potential difficulty meeting short-term obligations.
• Increasing Long-Term Creditors: Creditors due after more than one year increased from £137 to £1,177, suggesting rising debt and possible cash flow pressure.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statements are up to date, evidencing compliance with statutory requirements.
• Single Director with Full Ownership: Clear ownership structure facilitates decision-making and accountability.
• Consistent Employee Count: Stable headcount (one employee) indicates controlled operational scale and cost base.

4. Due Diligence Notes:

• Verify the nature and terms of the long-term creditors to assess repayment risk and covenant obligations.
• Investigate the cause of the negative net asset position—whether due to operating losses, write-downs, or other factors.
• Review cash flow statements (if available) or bank statements to determine liquidity trends and short-term cash availability.
• Ascertain any contingent liabilities or related party transactions that might impact financial stability.