PATRICK JASSAR ENT SERVICES LIMITED

Executive Summary

PATRICK JASSAR ENT SERVICES LIMITED exhibits a low financial risk profile with strong liquidity, positive net assets, and compliant filing history. The company benefits from a healthy working capital position and apparent profitability despite its recent incorporation. However, limited operating history, director concentration, and rising tax liabilities are areas that warrant further review to confirm operational sustainability and governance robustness.

PATRICK JASSAR ENT SERVICES LIMITED - Analysis Report

Company Number: 14282395

Analysis Date: 2025-07-29 19:36 UTC

1. Risk Rating: LOW
   The company demonstrates strong liquidity, positive net assets, and no overdue filings. The working capital position is healthy with cash significantly exceeding current liabilities, indicating low short-term financial risk. The company is small, recently incorporated, with one director who holds full control.

2. Key Concerns:

• Limited operating history (incorporated in 2022) restricts assessment of long-term operational stability.
• Concentration risk due to a single director who is also the sole significant controller, which may impact governance and succession.
• Taxes and social security liabilities have increased substantially from £18,399 to £43,297 year-on-year, warranting review of tax compliance and cash flow management.

3. Positive Indicators:

• Very strong liquidity position with cash of £249,922 against current liabilities of £44,953 as of August 2024.
• Net current assets increased from £78,776 to £213,015 in one year, reflecting solid working capital growth.
• No overdue accounts or confirmation statement filings, indicating good compliance discipline.
• Profit and loss reserves increased significantly, suggesting profitability or capital injection.
• Tangible fixed assets (computer equipment) indicate some investment in operational capacity.

4. Due Diligence Notes:

• Review nature and sustainability of revenue streams supporting cash balances and profit retention.
• Examine the reasons for the increase in tax and social security liabilities and the company’s strategy for managing these obligations.
• Assess related party transactions, particularly loans to the director (£290 outstanding), for potential governance or financial risk.
• Confirm absence of contingent liabilities or off-balance sheet risks.
• Investigate the company’s customer base and contracts to determine operational stability given limited history.
• Consider interviewing or background checking the sole director regarding management capability and future plans.