MATT COFFEY CIVIL SOLUTIONS LTD

Executive Summary

Matt Coffey Civil Solutions Ltd is a recently incorporated micro-entity engaged in civil engineering with ongoing compliance and operational activity. However, its deteriorating liquidity position and reduced net assets warrant caution, highlighting potential short-term solvency risks. Further inquiry into cash flow dynamics and governance practices is advisable to fully assess financial resilience.

MATT COFFEY CIVIL SOLUTIONS LTD - Analysis Report

Company Number: 14031908

Analysis Date: 2025-07-20 16:57 UTC

1. Risk Rating: MEDIUM
   The company shows limited net assets and persistent net current liabilities, indicating potential liquidity pressures. However, it remains active and compliant with filing requirements, suggesting operational continuity at this stage.

2. Key Concerns:

• Negative net current assets of £14,594 as of April 2024, deteriorating from £9,169 in 2023, indicating short-term liquidity risk.
• Significant reduction in net assets from £11,981 to £2,656 year-on-year, highlighting a decline in financial stability.
• Reliance on a single director who is also the sole significant controller may pose governance and operational concentration risks.

3. Positive Indicators:

• The company is current on all statutory filings with no overdue accounts or confirmation statements, demonstrating regulatory compliance.
• The business employs a stable, albeit small, workforce (average 2 persons), consistent with its micro-entity status and suggests manageable operational scale.
• The company has tangible fixed assets, though modest, supporting ongoing civil engineering activities.

4. Due Diligence Notes:

• Investigate the causes behind the declining current assets and increasing current liabilities, including any seasonal or contract-related cash flow issues.
• Review financial projections and cash flow forecasts to evaluate the company’s ability to meet short-term obligations going forward.
• Assess any contingent liabilities or off-balance sheet commitments that could further impact solvency.
• Confirm whether the director’s dual role and shareholding concentration affects decision-making or risk exposure.
• Examine client base, contract pipeline, and payment terms to gauge revenue stability and collection risk.