NYA HOSPITALITIES LTD

Executive Summary

NYA HOSPITALITIES LTD exhibits significant financial strain, characterized by negative net assets and a large working capital deficit, raising solvency and liquidity concerns. While regulatory compliance is maintained and fixed assets provide some base value, the lack of employees and minimal current assets point to operational inactivity and risk to business continuity. Further investigation into asset quality, business operations, and management strategy is recommended to fully assess the company’s viability.

NYA HOSPITALITIES LTD - Analysis Report

Company Number: 13123568

Analysis Date: 2025-07-29 19:00 UTC

1. Risk Rating: HIGH
   The company shows clear signs of financial distress with negative net assets and severely negative net current assets, indicating potential solvency and liquidity risks.

2. Key Concerns:

• Negative Net Assets and Shareholders' Funds: The company’s net assets deteriorated from -£299 in 2023 to -£1,259 in 2024, signaling accumulated losses and erosion of equity.
• Severely Negative Working Capital: Current liabilities exceed current assets by approximately £151,000, suggesting the company may struggle to meet short-term obligations as they fall due.
• No Employees and Minimal Operating Activity: The company reports zero employees and extremely limited current assets (£1,000), implying minimal operational activity or revenue generation to support the business.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are filed on time, indicating adherence to regulatory obligations.
• Fixed Assets Held Constant: The company holds fixed assets valued at £150,000, which could represent tangible resources or investments providing some underlying value.
• No Overdue Filings or Insolvency Proceedings: The company remains active without entering liquidation, administration, or receivership.

4. Due Diligence Notes:

• Nature and Valuation of Fixed Assets: Investigate the composition and realizable value of the £150,000 fixed assets to assess their liquidity and contribution to solvency.
• Underlying Business Model and Revenue Streams: Clarify the operational status since zero employees and minimal current assets suggest little to no trading activity or cash inflows.
• Director and Management Plans: Review strategic plans or director’s commentary on how the company intends to address losses and improve financial health.
• Potential Related Party Transactions or Loans: Check for any loans or financial support arrangements that might affect liabilities or contingent obligations.
• Creditors' Profile and Payment Terms: Understand the nature of current liabilities (£151,960) and whether these are trade creditors, loans, or other payables.