POSTVINE PROPERTIES LIMITED

Executive Summary

Postvine Properties Limited presents a low risk profile based on current financials, with strong net assets and compliance in regulatory filings. However, liquidity is somewhat constrained by low cash reserves and high related party debtors, warranting further review of cash flow and debtor collectability. Operational capacity appears limited, which should be considered when assessing future sustainability.

POSTVINE PROPERTIES LIMITED - Analysis Report

Company Number: 13612267

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

1. Risk Rating: LOW
   Postvine Properties Limited demonstrates a sound financial position with positive net current assets and shareholders’ funds, no overdue filings, and directors affirming a going concern basis. The company’s liabilities are minimal relative to current assets, indicating limited solvency risk at this stage.

2. Key Concerns:

• High debtor concentration, including significant amounts owed by the parent company: £62,520 of debtors are related party loans, which may pose collection risk if the parent company faces financial difficulties.
• Low cash reserves: Cash at bank is only £5,587, which may impact short-term liquidity despite strong net current assets, as a substantial portion of current assets are debtors.
• No employees and limited operational scale: With zero employees and a micro company filing exemption, operational capacity and sustainability may be constrained, potentially impacting growth and revenue stability.

3. Positive Indicators:

• Strong net current assets position: £104,930 net current assets and shareholders’ funds show that the company has more than adequate current assets to cover short-term liabilities.
• Compliance with regulatory filings: No overdue accounts or confirmation statements, indicating good governance and adherence to statutory requirements.
• Going concern affirmed by directors: Management has reviewed forecasts and concluded there is reasonable expectation of continuing operations, supporting operational stability.

4. Due Diligence Notes:

• Investigate the nature and collectability of the related party debtor balance (£62,520), including the financial health of the parent company.
• Review cash flow statements (not provided) to assess liquidity beyond balance sheet snapshots, focusing on timing of debtor collections and payment obligations.
• Understand business model and pipeline of projects given the SIC code (development of building projects) and absence of employees to evaluate sustainability and growth prospects.
• Confirm absence of director disqualifications or regulatory issues, though none are indicated in the data provided.
• Review any contingent liabilities or off-balance sheet commitments not disclosed in the filleted accounts.