MARIUS CONSTRUCT LIMITED

Executive Summary

Marius Construct Limited is a newly formed micro-entity with a modest balance sheet and limited financial disclosures. Its status as a company limited by guarantee, combined with the capital-intensive construction industry focus and lack of trading history, presents elevated credit risk. Without stronger financial data or evidence of experienced management, credit approval is not recommended at this stage.

MARIUS CONSTRUCT LIMITED - Analysis Report

Company Number: 15337408

Analysis Date: 2025-07-20 11:05 UTC

1. Credit Opinion: DECLINE. Marius Construct Limited is a very recently established company (incorporated December 2023) with limited financial history and a micro-entity filing. The balance sheet shows modest net assets (£32.5k) and limited fixed assets (£23k), with minimal current liabilities. However, the company’s business model as a private limited by guarantee entity (no share capital) in construction of roads, motorways, and commercial buildings is capital intensive and typically requires stronger financial backing and cash flow than currently demonstrated. The absence of trading profit/loss data, minimal financial disclosure, and lack of operating history raise concerns about its ability to service credit facilities. The director is also the sole member and principal with a background listed as decorator, which may indicate limited construction industry management experience. These factors reduce confidence in credit risk terms.

2. Financial Strength: The balance sheet is small but positive, showing net assets of £32,500, mostly comprised of fixed assets (£23,000) and net current assets (£12,000). Current liabilities are low (£2,500), and there are no reported creditors due within one year. However, the company is classified as a micro-entity and does not provide detailed profit and loss accounts or cash flow statements. The absence of share capital (limited by guarantee) can limit capital-raising options and financial resilience. Overall, the financial position is fragile and lacks depth typical of construction businesses that require liquidity for contract performance.

3. Cash Flow Assessment: The company reports net current assets of £12,000 indicating some short-term liquidity buffer. However, no explicit cash or debtor balances are detailed, and there are no notes on operating cash flow or working capital turnover. Given the capital-intensive nature of construction and the reported size, cash flow is likely to be tight without external financing or owner support. The lack of detailed disclosures on advances, credits, and guarantees limits the ability to fully assess liquidity risks. The company would be vulnerable to any downturn or delayed payments.

4. Monitoring Points:

• Trading performance and profit/loss trends in upcoming accounts filings.
• Changes in working capital, particularly debtor and creditor balances.
• Any additional capital injections or changes in ownership/control.
• Director’s management capability and any changes in key personnel.
• Contract wins or losses, especially in the specialized construction sectors served.
• Timeliness and completeness of future accounts and confirmation statement filings.