MT PLASTERING AND PROFESSIONAL FINISHINGS LTD

Executive Summary

MT Plastering and Professional Finishings Ltd is an early-stage micro-entity with minimal financial history and net assets limited to share capital. While compliant with filing requirements, the absence of operational data and reliance on a single director/shareholder pose significant solvency and liquidity risks. Further investigation into the company’s business model and future filings is essential to assess viability.

MT PLASTERING AND PROFESSIONAL FINISHINGS LTD - Analysis Report

Company Number: 14720755

Analysis Date: 2025-07-20 15:50 UTC

1. Risk Rating: HIGH
   The company exhibits a high risk profile primarily due to its nascent stage of operation with minimal financial data, negligible asset base, and absence of revenues or liabilities. The total net assets of £100 represent only the initial share capital, indicating no trading history or operational scale.

2. Key Concerns:

• Lack of Financial Substance: The balance sheet shows zero fixed and current assets aside from the nominal share capital, raising concerns about the company’s ability to generate cash flow or meet obligations.
• No Revenue or Profit Data: Absence of turnover or profit figures prevents assessment of operational viability or sustainability.
• Single Director and Shareholder Control: Complete control by one individual concentrates governance risk and may limit oversight or resilience.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed its micro-entity accounts and confirmation statements on time, indicating adherence to regulatory obligations.
• Clear Ownership Structure: The 100% ownership and director appointment by Martin Luke Taft provide transparency about control and responsibility.
• Micro-Entity Status: This reduces complexity and filing burden, appropriate for a startup or small-scale business.

4. Due Diligence Notes:

• Investigate the company’s business plan, initial contracts, or pipeline to evaluate its strategy for generating revenue and managing cash flow.
• Confirm whether any off-balance-sheet liabilities or contingent obligations exist that might impact solvency.
• Assess the director’s background and financial standing to understand the capacity to support the company during its early phase.
• Monitor subsequent filings for evidence of trading activity, asset acquisition, or liabilities that indicate operational progress.