Company Number: 13119964

Analysis Date: 2025-07-20 13:38 UTC

1. Risk Rating: MEDIUM
   MTH Roofing and Building Services Ltd shows a positive trajectory in net assets and working capital over recent years, which supports solvency. However, the presence of long-term creditors rising significantly in the latest accounting period and a relatively low share capital raise potential concerns. The company is micro-sized and newly incorporated (2021), so limited financial history constrains full risk assessment.

2. Key Concerns:

• Increase in Long-Term Liabilities: Creditors falling due after one year increased sharply from £1,931 in 2024 to £18,729 in 2025, indicating growing long-term debt exposure that requires careful servicing.
• Low Share Capital: The company has only £1 in share capital, which might limit the equity buffer available to absorb losses or support growth.
• Limited Operational Scale and History: With an average of one employee and incorporation in 2021, the company’s operational stability is unproven and may be vulnerable to market or operational shocks.

3. Positive Indicators:

• Improving Net Assets and Working Capital: Net assets more than doubled from £23,437 to £45,419, and net current assets increased from £12,138 to £34,674, indicating improved liquidity and solvency positions over the last year.
• Timely Filing Compliance: No overdue accounts or confirmation statements, which reflects good regulatory compliance and governance discipline.
• Controlled Ownership and Management: Shareholding and directorship consolidated under a single individual (Mr. Mathew Rhys Jones), which may facilitate decisive management and governance.

4. Due Diligence Notes:

• Investigate the nature and terms of the increased long-term liabilities to assess repayment risk and covenant obligations.
• Review detailed cash flow statements (not provided) to confirm liquidity status beyond balance sheet snapshots.
• Confirm operational contracts, client base, and revenue trends to evaluate sustainability given the small workforce and micro company status.
• Verify no director disqualifications or adverse regulatory actions exist beyond the data provided, especially given the changes in directorship.