MATTAYLOR LTD

Executive Summary

Mattaylor Ltd, a newly incorporated micro-entity operating in electrical installation, currently presents a negative net asset position driven by accruals and minimal current assets, indicating liquidity and solvency risks. While the company maintains up-to-date statutory filings and is wholly controlled by its director, limited financial history and operational scale warrant close examination of ongoing viability. Further due diligence should focus on understanding liabilities, cash flow, and the director’s plans for sustaining the business.

MATTAYLOR LTD - Analysis Report

Company Number: 14679856

Analysis Date: 2025-07-29 12:32 UTC

1. Risk Rating: HIGH
   The company shows a negative net asset position (net liabilities of £772) due to accruals and deferred income exceeding total assets. Current assets are minimal (£28 prepayments), and there is no reported cash or receivables, indicating liquidity constraints. The company is very young (incorporated less than two years ago) and operates as a micro-entity with a single employee (the director). These factors combined raise concerns about solvency and operational sustainability.

2. Key Concerns:

• Negative Net Assets: Despite a small balance sheet total, the presence of accruals/deferred income of £2,800 leads to net liabilities of £772, pointing to potential solvency risk.
• Minimal Current Assets and No Cash Reported: The micro-entity balance sheet shows zero current assets aside from prepayments, which suggests limited liquidity to cover short-term obligations.
• Early Stage with Limited Financial History: Incorporated in 2023 with only one reported financial year, the lack of operational track record limits confidence in ongoing viability.

3. Positive Indicators:

• No Overdue Filings: Both accounts and confirmation statement filings are up to date, indicating compliance with statutory requirements.
• Director Ownership and Control: The sole director, Mr. Matthew Taylor, owns 75-100% of shares and voting rights, which may facilitate swift decision-making.
• Micro-entity Status: The company benefits from simplified reporting requirements, reducing administrative burden in its early phase.

4. Due Diligence Notes:

• Investigate the nature of the £2,800 accruals/deferred income causing net liabilities, confirming if these are genuine liabilities or accounting timing differences.
• Review cash flow forecasts and current banking arrangements to assess liquidity and ability to meet short-term obligations.
• Assess the business plan and contracts in place to understand revenue prospects given the early stage and minimal assets.
• Confirm the director’s background and capacity to sustain the business financially and operationally.