PROPERTY MEMO LTD

Executive Summary

PROPERTY MEMO LTD is a micro-entity with a clean compliance record and positive net assets, indicating current solvency and liquidity. However, limited operational scale, single-person control, and minimal assets underscore the need for further due diligence on business viability and governance. Overall, the company poses a low financial risk but requires closer scrutiny on operational and governance fronts for investment decisions.

PROPERTY MEMO LTD - Analysis Report

Company Number: 13952982

Analysis Date: 2025-07-20 14:49 UTC

1. Risk Rating: LOW
   PROPERTY MEMO LTD exhibits a low risk profile based on the available data. The company is active, compliant with filing deadlines, maintains positive net assets, and shows no current liabilities, indicating solvency and liquidity are not immediate concerns.

2. Key Concerns:

• Limited Scale & Operating History: Incorporated in 2022 and classified as a micro-entity, the company has minimal financial history and limited asset base (£4,000 net assets) which constrains an assessment of operational sustainability and growth potential.
• Single Director and Shareholder Control: Oliver Dyke holds full control of shares and voting rights, concentrating governance risk and decision-making authority in one individual. This may impact corporate governance standards and succession planning.
• Minimal Employee Base and Asset Size: With only one employee and very small fixed and current assets (£2,000 each), operational capacity appears minimal, raising questions about the company’s ability to scale or absorb shocks.

3. Positive Indicators:

• Current Solvency and Liquidity: No current liabilities and positive net current assets (£2,000) indicate the company can meet short-term obligations.
• Filing Compliance: Accounts and confirmation statements are up to date with no overdue filings, reducing regulatory risk.
• Clear Control Structure: Ownership and control are transparent, with a single PSC reported and no conflicting interests evident from the data.

4. Due Diligence Notes:

• Verify the nature and valuation of fixed assets (£2,000) to confirm real economic value rather than nominal book value.
• Assess cash flow statements or bank records for actual liquidity and operational cash generation, as balance sheet data alone is limited.
• Investigate contracts, customer base, and revenue streams given the small scale to understand business sustainability in the cleaning sector.
• Review director’s background and any related-party transactions given sole control by Oliver Dyke to ensure governance robustness.
• Confirm that the limited employee count can support the company’s operational commitments and growth plans.