PHEASANT FIELDS HOLIDAY LODGES LIMITED

Executive Summary

PHEASANT FIELDS HOLIDAY LODGES LIMITED exhibits significant financial strain indicated by negative net assets and substantial current liabilities exceeding assets. While compliance with filing requirements is up to date, the absence of employees and lack of profitability raise concerns over short-term liquidity and long-term operational viability. Further due diligence is essential to evaluate the company’s plans to rectify its financial position and sustain operations.

PHEASANT FIELDS HOLIDAY LODGES LIMITED - Analysis Report

Company Number: 14095884

Analysis Date: 2025-07-29 18:29 UTC

1. Risk Rating: HIGH
   The company shows a consistent negative net asset position over the last two reported years, indicating financial distress and potential solvency issues. The net current liabilities exceed fixed assets, and shareholders’ funds remain negative, which presents a significant risk to creditors and investors.

2. Key Concerns:

• Solvency Risk: The company has negative net assets of £4,481 as of 31 May 2024, following a larger deficit the previous year (£16,858 negative), suggesting ongoing financial difficulties.
• Liquidity Concerns: Current liabilities exceed current assets by £155,315, indicating potential cash flow problems and difficulty meeting short-term obligations.
• Operational Stability: The company reports zero employees and minimal activity, raising questions about business sustainability and revenue generation to cover liabilities.

3. Positive Indicators:

• The company is current on all statutory filings, including accounts and confirmation statements, with no overdue submissions.
• The director and sole significant controller is identified and appears to be engaged, with no adverse information such as disqualification noted.
• The business is categorized as a micro-entity, limiting its reporting complexity, which may help streamline administration costs.

4. Due Diligence Notes:

• Investigate the nature of the liabilities and whether any are overdue or subject to enforcement actions.
• Clarify the source of funding or working capital the company relies on, given the negative net asset position and zero employees.
• Review business plans or forecasts to assess the strategy for returning to profitability or resolving the deficit.
• Confirm no undisclosed related party transactions or contingent liabilities exist.
• Verify the trading status and revenue generation since incorporation in 2022, including whether the company is operational or in a start-up phase.