PROPER PROPS LIMITED

Executive Summary

Proper Props Limited is a newly formed micro private company with strong compliance and a solvent balance sheet as of its first financial year end. While current financial position and governance appear sound, limited operational history and absence of profitability data warrant further commercial due diligence. Overall, the company presents a low immediate risk profile but requires additional information to fully assess long-term stability.

PROPER PROPS LIMITED - Analysis Report

Company Number: 15585514

Analysis Date: 2025-07-19 12:32 UTC

1. Risk Rating: LOW
   Proper Props Limited is a newly incorporated micro-entity with its first set of accounts filed on time. The company shows positive net current assets and a solid equity base relative to its size and age, indicating low immediate solvency risk. No overdue filings or regulatory issues are apparent.

2. Key Concerns:

• Limited operating history: Incorporated in March 2024 with only one financial year reported, making it difficult to assess long-term sustainability.
• Small scale and single employee: The company’s micro classification and reliance on one director may present operational risks if key personnel become unavailable.
• Industry-specific risks: Operating in television programming and broadcasting (SIC 60200) can be capital intensive and competitive; no revenue or profit data is disclosed, limiting insight into operational viability.

3. Positive Indicators:

• Positive net current assets (£7,823) and shareholders’ funds (£24,446) indicate the company is solvent at the balance sheet date with working capital to meet short-term obligations.
• Timely compliance with both accounts and confirmation statement filings reflects good regulatory discipline.
• Full ownership and control by an identified director and PSC (Callum Michael Sullivan) simplifies governance and decision-making processes.

4. Due Diligence Notes:

• Investigate revenue streams, profitability, and cash flow projections to better understand operational sustainability beyond the balance sheet snapshot.
• Confirm the nature and valuation basis of fixed assets (£16,623) and whether they are adequately insured or encumbered.
• Assess any contingent liabilities, contractual commitments, or external funding arrangements not disclosed in the micro-entity accounts.