MCNAB WIND LTD

Executive Summary

MCNAB WIND LTD is a small, active private limited company with a positive net asset position and current regulatory compliance. While liquidity appears to have tightened over the latest year, the company maintains a stable financial base with no evident solvency concerns. Further due diligence should focus on cash flow dynamics and operational sustainability given the limited scale and asset base.

MCNAB WIND LTD - Analysis Report

Company Number: SC733533

Analysis Date: 2025-07-29 19:33 UTC

1. Risk Rating: LOW

The company exhibits a low risk profile based on the available data. It is a recently incorporated private limited company with current filing compliance, positive net assets, and a micro-account category indicating a small operational scale. There are no indications of insolvency or regulatory non-compliance.

2. Key Concerns:

• Liquidity Reduction: Current assets declined significantly from £3,735 in 2023 to £911 in 2024, indicating a potential tightening of short-term liquidity.
• Minimal Asset Base: Fixed assets remain very low (£4,199 in 2024), which may limit collateral availability or operational capacity.
• Limited Scale and Operational Data: The company has only one employee, and detailed profit and loss information is not provided, restricting the assessment of operational sustainability.

3. Positive Indicators:

• Positive Net Assets and Shareholders’ Funds: Net assets increased from £3,735 in 2023 to £5,110 in 2024, indicating retained earnings or capital injections.
• On-Time Filing Compliance: Both accounts and confirmation statement filings are current, demonstrating good regulatory adherence.
• No Indications of Insolvency: The company is active, with no signs of liquidation, administration, or directors' disqualifications.

4. Due Diligence Notes:

• Review Cash Flow and Profitability: Investigate underlying reasons for the current assets decline to assess cash flow health and operational profitability.
• Assess Revenue Generation and Contracts: Given the SIC code (other construction installation), understand contract pipelines and client concentration.
• Examine Directors’ Background and Experience: Confirm that the director has relevant expertise and there are no undisclosed compliance issues.
• Evaluate Growth Plans: Given the micro-entity scale, assess whether the company plans to scale operations or remain small.