OLDFIELDS HOLDINGS LTD

Executive Summary

Oldfields Holdings Ltd demonstrates a stable asset base and compliance with filing requirements but exhibits a marginal equity position and significant long-term liabilities which pose moderate solvency and liquidity concerns. The company’s very small operational scale and limited financial disclosure warrant further investigation to validate operational sustainability and cash flow adequacy.

OLDFIELDS HOLDINGS LTD - Analysis Report

Company Number: 13492212

Analysis Date: 2025-07-29 20:25 UTC

1. Risk Rating: MEDIUM
   The company is solvent with positive net assets as of the latest accounts, but net assets are marginal (£758), and the company carries significant long-term liabilities relative to total assets. Limited financial data and a micro-entity reporting framework restrict visibility into operational cash flows and profitability.

2. Key Concerns:

• Low Equity Cushion: Net assets are minimal (£758), just above zero, indicating limited buffer to absorb losses or financial shocks.
• High Long-Term Creditors: Creditors due after more than one year are substantial (£223,452), nearly equal to total assets, which may pressure future cash flows and refinancing risk.
• Limited Operational Scale: The business employs only one person (the director) and reports under micro-entity accounting, creating uncertainty about operational sustainability and growth prospects.

3. Positive Indicators:

• Consistent Fixed Asset Base: Fixed assets have remained stable (£220,141) over four years, suggesting asset retention without erosion.
• Improving Net Assets: Negative net assets in prior years have turned slightly positive in 2024, indicating some financial improvement.
• Compliance: No overdue filings of accounts or confirmation statements; filings are up to date, reflecting good regulatory compliance.

4. Due Diligence Notes:

• Obtain detailed cash flow statements or bank statements to assess liquidity and ability to service long-term creditor obligations.
• Clarify the nature and terms of the creditors due beyond one year to understand repayment schedules and refinancing risk.
• Investigate underlying business model viability given single employee and micro-entity reporting—confirm revenue generation and profitability trends.
• Confirm absence of contingent liabilities or off-balance sheet exposures that may impact solvency.
• Assess director’s experience and plans for business growth or financial restructuring.