POULTON PROFESSIONAL DRIVING SERVICES LTD

Executive Summary

Poulton Professional Driving Services Ltd has demonstrated an improved financial position with positive net assets and working capital after a challenging initial year. The company’s small scale and limited financial disclosures suggest moderate operational risk, but timely compliance and clear ownership reduce governance concerns. Further review of cash flow and revenue stability is advised to confirm ongoing viability.

POULTON PROFESSIONAL DRIVING SERVICES LTD - Analysis Report

Company Number: 14050258

Analysis Date: 2025-07-29 18:47 UTC

1. Risk Rating: LOW to MEDIUM
   The company shows a positive turnaround in net current assets and net assets in the most recent financial year, which suggests improving solvency. However, the company is very small (micro entity) with minimal employees and limited financial history, which adds some operational risk.

2. Key Concerns:

• Previous liquidity strain: In the prior year, net current liabilities were significantly negative (-£1,746), indicating short-term liquidity stress that was only recently resolved.
• Small scale of operations: With only one employee and small asset base, the company may be vulnerable to operational disruption or limited market reach.
• Limited financial disclosures: As a micro-entity exempt from audit, the financial statements provide limited insight into detailed operations, cash flows, or contingent liabilities.

3. Positive Indicators:

• Improved working capital: Current assets now exceed current liabilities, yielding positive net current assets of £672.
• Positive net assets and shareholder funds: Increased to £4,237 from a marginal £52, indicating capital injection or retained earnings accumulation.
• No overdue filings or compliance issues: Accounts and confirmation statements are filed on time, showing good regulatory compliance.
• Clear ownership and control structure: The sole director and principal shareholder is identified, with no disqualifications noted.

4. Due Diligence Notes:

• Investigate the nature and sustainability of the recent increase in net assets—whether it is from capital contributions, profits, or other sources.
• Review any underlying contracts or client agreements related to video production and freight transport activities for revenue stability.
• Confirm the company’s cash flow position beyond the balance sheet snapshot, including any off-balance sheet liabilities or commitments.
• Evaluate any dependence on the single director/operator given the micro scale and limited workforce.