MARSHALL CARPENTRY LTD

Executive Summary

Marshall Carpentry Ltd is a newly established micro-entity with positive short-term liquidity and compliant regulatory filings. However, its very limited net assets and short financial history suggest a cautious risk profile. Further investigation into accruals and operational sustainability is recommended to better understand the company’s financial resilience and growth prospects.

MARSHALL CARPENTRY LTD - Analysis Report

Company Number: 14563954

Analysis Date: 2025-07-20 15:38 UTC

1. Risk Rating: LOW to MEDIUM
   Given the company's very recent incorporation (Dec 2022), micro-entity status, and limited financial data, the risk is currently low to medium. The company shows positive net current assets and no overdue filings, indicating initial operational compliance and liquidity, but its very small scale and minimal net assets warrant cautious monitoring.

2. Key Concerns:

• Minimal Net Assets: Shareholders' funds stand at only £381, which is a very thin equity buffer to absorb operational shocks or liabilities.
• Limited Financial History: Only one financial period filed, restricting insight into performance trends or resilience.
• Accruals and Deferred Income Large Relative to Net Assets: Accruals of £4,754 significantly exceed net assets, potentially indicating timing differences in revenue recognition or liabilities that need further clarification.

3. Positive Indicators:

• Positive Net Current Assets: £1,659 indicates the company currently has more short-term assets than liabilities, supporting short-term liquidity.
• No Overdue Filings: Accounts and confirmation statements are up to date, suggesting sound regulatory compliance and governance discipline.
• Single Director with Full Control: Clear ownership and management control can facilitate swift decision-making and accountability.

4. Due Diligence Notes:

• Examine Nature and Timing of Accruals/Deferred Income: Understand what comprises the £4,754 figure and whether it masks liabilities or revenue recognition issues.
• Review Cash Flow and Profitability: Seek management accounts or cash flow statements to assess operational cash generation and sustainability beyond balance sheet figures.
• Assess Business Model and Market Position: Given the micro scale and single employee, evaluate the company's client base, contract pipeline, and competitive positioning in the builders’ carpentry sector.
• Confirm Director’s Background: While no disqualifications are noted, validate director’s experience and capacity to grow the business.