JS (BARGIN BOOZE) LTD

Executive Summary

JS (BARGIN BOOZE) LTD exhibits a stable financial position with positive net assets and timely compliance, appropriate for a micro-entity in the retail sector. While the limited share capital and ownership concentration warrant governance scrutiny, there is no immediate indication of solvency or liquidity risk. Further review of detailed financials and operational performance is recommended to fully assess sustainability.

JS (BARGIN BOOZE) LTD - Analysis Report

Company Number: 13216513

Analysis Date: 2025-07-20 18:15 UTC

1. Risk Rating: LOW
   The company demonstrates stable net assets with modest growth year-on-year, positive net current assets, and compliance with filing deadlines. The micro-entity status suggests limited complexity, and there is no indication of financial distress or regulatory non-compliance.

2. Key Concerns:

• Current liabilities exceed current assets, resulting in negative net current assets reported in the balance sheet (Note: The accounts show net current assets as positive £6,787, but the balance sheet line "Creditors: amounts falling due within one year" exceeds current assets. This discrepancy should be clarified).
• Limited share capital (£1.00) may indicate constrained financial buffer.
• Concentration of ownership and directorship with two individuals, one controlling up to 75-100%, which could pose governance risks if not balanced.

3. Positive Indicators:

• The company is active and up to date on both accounts and confirmation statement filings with no overdue submissions.
• Net assets increased from £4,685 in 2023 to £5,069 in 2024, showing a slight improvement in the company's financial position.
• Staff count stable at 4 employees, indicating operational consistency.
• The company operates in a retail sector (SIC 47110) which typically generates steady cash flows if managed well.

4. Due Diligence Notes:

• Review detailed cash flow and profit & loss information to confirm liquidity and operational profitability beyond balance sheet snapshots.
• Clarify the discrepancy in net current assets presentation between the notes and balance sheet figures.
• Investigate the business model and revenue trends since incorporation in 2021 to assess sustainability and growth potential.
• Assess director and shareholder relationships and governance structure given concentrated control.
• Confirm there are no undisclosed liabilities or contingent risks that could impact solvency.