Company Number: 12524331

Analysis Date: 2025-07-29 12:42 UTC

1. Risk Rating: LOW
   Peninsula Roofing Ltd demonstrates a solid financial position for its size and industry. The company maintains positive net current assets and net assets, with no overdue filings or indications of regulatory non-compliance. The steady growth in equity and working capital over recent years supports a low risk rating.

2. Key Concerns:

• Reliance on a single majority shareholder and director (Mr Lee Paul Butcher), which may present governance concentration risk.
• Presence of non-current liabilities (£11,658 as of 2024) and accruals/deferred income that should be monitored for future cash flow impacts.
• Limited disclosure of profit and loss details restricts insight into profitability and operational cash flows, which are critical for assessing sustainability.

3. Positive Indicators:

• Consistent increase in net assets from £55,146 in 2020 to £126,497 in 2024, reflecting retained earnings or capital injections.
• Strong liquidity position with net current assets of £84,603 as of March 2024, indicating good short-term solvency.
• Up-to-date statutory filings with no overdue accounts or confirmation statements, demonstrating regulatory compliance.
• Active website and contact details indicate operational activity and accessibility.

4. Due Diligence Notes:

• Obtain detailed profit and loss accounts and cash flow statements to assess profitability trends and cash generation capacity.
• Review the nature and terms of long-term liabilities and deferred income to understand future obligations and potential liquidity pressures.
• Investigate the governance structure and risk mitigation related to the controlling shareholder’s influence.
• Confirm the company’s customer base, contract stability, and market position within the roofing sector to evaluate operational resilience.