QUEENSBERRY PROPERTY INVESTMENTS LIMITED

Executive Summary

Queensberry Property Investments Limited shows a high risk profile due to sustained negative net assets and poor liquidity, with current liabilities significantly exceeding current assets. The company’s reliance on intra-group funding and limited cash reserves raise concerns about its ability to meet short-term obligations. However, compliance with filings and ownership of investment property provide some foundational stability. Further due diligence on intra-group liabilities and operational cash flows is recommended before investment consideration.

QUEENSBERRY PROPERTY INVESTMENTS LIMITED - Analysis Report

Company Number: 13658977

Analysis Date: 2025-07-20 18:56 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity risks, with consistent negative net assets and current liabilities far exceeding current assets.

2. Key Concerns:

• Negative Net Assets: The company’s net assets have deteriorated from -£11,220 in 2023 to -£41,818 in 2024, reflecting accumulated losses and a weak equity base.
• Poor Liquidity Position: Current liabilities (£401,569) substantially exceed current assets (£13,102) resulting in a large negative net current asset position (-£388,467), indicating potential cash flow difficulties to meet short-term obligations.
• Substantial Amounts Owed to Group Undertakings: Over 99% of current liabilities are amounts owed to group undertakings (£399,158), potentially indicating reliance on intra-group funding rather than external financial strength.

3. Positive Indicators:

• Investment Property Holding: The company holds an investment property valued at £478,650, which is a tangible asset that could provide future income or security for financing.
• No Overdue Filings: Both annual accounts and confirmation statements are filed on time, showing compliance with statutory obligations.
• Stable Directorship and Ownership: Directors have been consistent since incorporation, and a single PSC (Pidgley Investments Limited) holds majority control, suggesting clear governance structure.

4. Due Diligence Notes:

• Investigate the nature and terms of the amounts owed to group undertakings, including repayment schedules and whether these are interest-bearing or convertible loans.
• Review cash flow forecasts and operational plans to assess the company’s ability to cover current liabilities and return to positive net assets.
• Confirm valuation methodology and market conditions underpinning the investment property to evaluate its realizable value and liquidity.
• Examine any contingent liabilities or off-balance sheet commitments not disclosed in the filings.
• Assess directors’ plans for addressing the company’s negative equity and liquidity challenges.