MCCAUL COTTAGE LTD

Executive Summary

MCCAUL COTTAGE LTD is a newly formed micro-entity exhibiting sound regulatory compliance and modest positive net assets, indicating low immediate solvency risk. However, limited financial history and minimal operational data constrain full assessment of liquidity and sustainability. Further inquiry into business activities and working capital composition is recommended to better understand future viability.

MCCAUL COTTAGE LTD - Analysis Report

Company Number: 14331605

Analysis Date: 2025-07-29 20:52 UTC

1. Risk Rating: LOW

Justification: MCCAUL COTTAGE LTD is a recently incorporated micro-entity with modest but positive net assets (£1,054) and net current assets (£1,710) as at 30 September 2024. The company has complied with filing deadlines, showing no overdue accounts or confirmation statements. Absence of liabilities beyond modest current and long-term creditors and no reported employee costs suggests limited operational complexity and financial risk at this stage.

2. Key Concerns:

• Very limited financial history and scale: Incorporated in 2022 with minimal trading evidenced by small asset and liability figures, which limits assessment of operational viability or revenue generation.
• Negative cash position in prior year (2023) with only £2 cash reported, although improved by 2024 to current assets of £1,962; cash flow stability remains unproven.
• No employees and no detailed notes on revenue or profit generation imply the company may be in early development or holding phase, so sustainability depends on future trading performance.

3. Positive Indicators:

• Timely and up-to-date filing of accounts and confirmation statements indicates sound governance and regulatory compliance to date.
• Positive net assets and net current assets indicate the company currently holds more assets than liabilities, suggesting solvency.
• Directors and persons with significant control are clearly declared with no reported disqualifications or governance issues.

4. Due Diligence Notes:

• Investigate the nature and source of current assets (£1,962) and creditors (£656 current, £252 falling due within one year) to understand working capital quality.
• Review any contractual commitments or contingent liabilities not disclosed in the micro-entity accounts.
• Clarify business model and revenue streams given the SIC codes related to professional, legal, and real estate management services but absence of employees or detailed income.
• Confirm the background and business experience of the directors to assess operational capability.