MCSEVENY PROPERTIES LIMITED

Executive Summary

MCSEVENY PROPERTIES LIMITED is a newly incorporated micro-entity with a stable asset position and no liabilities, indicating low solvency risk at this early stage. However, the company’s initial loss and lack of current assets raise questions about liquidity and operational sustainability that warrant further investigation. Overall, the company is compliant with statutory obligations and shows a clear business focus in property letting under sole ownership.

MCSEVENY PROPERTIES LIMITED - Analysis Report

Company Number: SC755837

Analysis Date: 2025-07-29 12:48 UTC

1. Risk Rating: LOW

Justification: MCSEVENY PROPERTIES LIMITED is a micro-entity with very limited financial activity in its first year of operation. The company shows positive net assets fully supported by fixed assets, no current liabilities, and no overdue filings, indicating good compliance and a stable financial position given the startup phase.

2. Key Concerns:

• Negative operating result: The company recorded a loss of £4,317 despite a small turnover of £5,857, which may indicate initial operational costs exceeding revenue.
• Zero current assets and no cash reported: With current assets at £0 and no reported cash or equivalents, there may be liquidity constraints if expenses increase.
• Single director and shareholder control: Full control by one individual (Mr. Neil Duncan McSeveny) may present governance risks and limited oversight.

3. Positive Indicators:

• Solid asset base: Fixed assets valued at £91,875 provide tangible backing to the balance sheet.
• No current or long-term liabilities: Absence of creditors reduces solvency risk and indicates no immediate debt pressure.
• Compliance: All statutory filings including accounts and confirmation statements are up to date and not overdue.
• Business focus: SIC classification aligns clearly with property letting activities consistent with the director's stated occupation as property investor.

4. Due Diligence Notes:

• Verify the nature and valuation method of fixed assets to confirm their realizable value.
• Review cash flow projections and capital resources to assess the company’s ability to fund ongoing operations and cover losses.
• Understand the business model and planned growth trajectory given the low turnover and initial loss.
• Assess related party transactions or financial support provided by the sole director given the 100% ownership.
• Confirm any contingent liabilities or off-balance sheet commitments not disclosed.