QUALITY BUILDING SERVICES (LONDON) LIMITED
Executive Summary
QUALITY BUILDING SERVICES (LONDON) LIMITED is a small, micro-entity company with a modest asset base and no reported liabilities. It demonstrates strong compliance and clear ownership but operates with minimal resources and a single director-employee. Further inquiry into its trading activity and operational viability is recommended to fully assess financial sustainability.
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This analysis is opinion only and should not be interpreted as financial advice.
QUALITY BUILDING SERVICES (LONDON) LIMITED - Analysis Report
- Risk Rating: LOW
Justification: The company is a micro-entity with minimal financial complexity, no current or overdue liabilities, and positive net assets. It is actively filing accounts and confirmation statements on time, indicating compliance and operational continuity. The sole director holds full ownership, simplifying governance oversight.
- Key Concerns:
- Minimal Asset Base: Total net assets stand at only £3,696, reflecting a very small capital base which may limit financial resilience.
- No Current Assets or Liabilities: The absence of current assets and liabilities might indicate limited ongoing trading activity or minimal working capital.
- Single Director and Employee: Operational dependency on one individual could pose a risk if that person becomes unavailable or unable to manage the business.
- Positive Indicators:
- Timely Compliance: All filings, including accounts and confirmation statements, are current with no overdue returns or penalties.
- Positive Net Worth: The company’s net assets and shareholders’ funds are positive, albeit modest.
- Clear Ownership Structure: One person controls 75-100% of shares, reducing complexity and potential conflicts.
- Due Diligence Notes:
- Verify Trading Activity: Clarify the level and consistency of trading given zero current assets and liabilities reported.
- Financial Performance: Obtain profit and loss data or cash flow statements to assess operational sustainability.
- Director Background: Review the director’s experience and capacity to manage and grow the business.
- Future Plans: Understand the company’s strategy to build assets, increase turnover, and mitigate dependence on a single individual.
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