NJW ENGINEERING LIMITED

Executive Summary

NJW Engineering Limited is a newly formed micro-entity with a solid initial net asset base and good compliance record. Its small scale and single-director structure imply low complexity but also potential operational risks due to limited resources. Continued monitoring of financial and operational developments is recommended to ensure ongoing viability.

NJW ENGINEERING LIMITED - Analysis Report

Company Number: 15556628

Analysis Date: 2025-07-29 13:44 UTC

1. Risk Rating: LOW
   NJW Engineering Limited is a newly incorporated micro-entity with a positive net asset position and no overdue filings. The limited scale of operations and minimal liabilities suggest low immediate solvency and liquidity risks.

2. Key Concerns:

• Very limited operational history, as the company was incorporated in March 2024 and has filed only one set of accounts. This limits trend analysis and risk assessment.
• Dependence on a single director and sole significant controller (Mr. Nicholas Wayman), which concentrates operational and governance risk.
• Micro-entity scale with only one employee, indicating a very small operational footprint that may face scalability and sustainability challenges.

3. Positive Indicators:

• Net current assets of £25,247 indicate the company can meet short-term liabilities comfortably at the balance sheet date.
• No overdue accounts or confirmation statements, suggesting compliance with Companies House filing requirements.
• Clear ownership and management structure with a single director/PSC ensures decision-making clarity.

4. Due Diligence Notes:

• Monitor financial performance and cash flow in upcoming periods to confirm sustainability beyond the initial year.
• Investigate the nature and source of current assets—primarily cash or receivables—and any contingent liabilities not reflected in accounts.
• Assess the business model and client base to evaluate operational stability and growth prospects given the micro scale and limited employee base.
• Confirm absence of any director disqualification or regulatory issues related to Mr. Wayman.