Q.O.B SERVICES LTD

Executive Summary

Q.O.B SERVICES LTD is a small, micro-entity operating in specialised construction with improving liquidity and solvency indicators. The company maintains full compliance with statutory requirements and shows signs of operational prudence. However, its limited scale and modest asset base warrant further inquiry into revenue sustainability and cash flow robustness to fully assess long-term stability.

Q.O.B SERVICES LTD - Analysis Report

Company Number: 13102402

Analysis Date: 2025-07-20 12:13 UTC

1. Risk Rating: LOW
   Q.O.B SERVICES LTD demonstrates improving net current assets and net assets over the last three years, indicating enhanced solvency and liquidity. The company is current on all statutory filings with no overdue accounts or confirmation statements, reflecting sound regulatory compliance. The micro-entity status and small scale limit exposure to complex financial risks.

2. Key Concerns:

• Limited Scale and Capitalisation: With only £1 share capital and a single employee, the company’s operational scale is minimal, which may constrain growth and resilience to shocks.
• Modest Asset Base: Current assets are relatively small (£19,885 in 2023), potentially limiting the ability to absorb unexpected liabilities or invest in expansion.
• Industry Risk: The SIC code (43999) covers specialised construction activities, which can be sensitive to economic cycles and project-based income variability.

3. Positive Indicators:

• Improving Financial Position: Net current assets increased significantly from £1,123 in 2022 to £14,923 in 2023, indicating stronger liquidity and working capital management.
• Compliance and Governance: No overdue filings and clear director accountability suggest good governance practices.
• Consistent Reporting: Financial data is coherent year-on-year, with no anomalies or restatements noted, supporting reliability of reported figures.

4. Due Diligence Notes:

• Verify the nature and sustainability of revenue streams given the company’s small size and single employee, to assess operational stability.
• Investigate the composition of current assets (e.g., cash vs receivables) to evaluate true liquidity and cash flow risk.
• Review any contractual obligations or off-balance-sheet liabilities not visible in micro-entity accounts due to limited disclosure requirements.
• Confirm the director’s experience and background to understand management strength, given sole directorship.