O'DEA PROPERTY SERVICES LIMITED

Executive Summary

O'DEA PROPERTY SERVICES LIMITED is a recently formed micro-entity with a modest but positive financial position and strong ownership control. While current liquidity and net assets are minimal, the company complies with filing requirements and shows no immediate red flags. Credit approval is recommended with caution, subject to close monitoring of financial performance and cash flow management.

O'DEA PROPERTY SERVICES LIMITED - Analysis Report

Company Number: 14672930

Analysis Date: 2025-07-29 14:12 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   O'DEA PROPERTY SERVICES LIMITED is a newly incorporated micro-entity with minimal financial history and limited assets. The company shows a positive net current asset position (£528) and no overdue filings, indicating compliance and basic financial stability. However, the small scale of operations and very limited financial data restrict a full credit approval. Recommend extending credit with caution, setting modest limits, and requiring periodic financial updates to monitor performance.

2. Financial Strength:
   The balance sheet as of 28 February 2024 shows total current assets of £1,235 against current liabilities of £707, resulting in net current assets of £528. No fixed assets or long-term liabilities are reported. Shareholders' funds equal net assets at £528, reflecting the initial capital injection or retained earnings in a micro-entity context. The company’s financial position is very modest but positive, typical for a start-up micro-business.

3. Cash Flow Assessment:
   The company’s working capital is positive but minimal, with net current assets of £528. This suggests a very tight liquidity position and limited buffer to absorb cash flow disruptions. Given the average employee count of only one (likely the director), operating costs should be low, but cash flow volatility risk remains high due to scale. No information on cash reserves or cash flow statements is available, so liquidity management should be closely reviewed.

4. Monitoring Points:

• Monitor timely filing of future accounts and confirmation statements to assess ongoing compliance.
• Track growth in current assets and net assets to evaluate financial trajectory and capital adequacy.
• Review any changes in director or PSC status, given sole control by Mr. Timothy Mary O'Dea.
• Follow up on any credit facility usage and repayment performance to gauge operational cash flow health.
• Assess any expansion in employee base or fixed assets which may affect liquidity and leverage.