R JOHNS REMOVALS LTD

Executive Summary

R Johns Removals Ltd is a newly established micro-entity with a profitable first year and solid working capital, indicating a low immediate risk profile. However, its limited operational history and notable long-term liabilities warrant careful monitoring. Continued regulatory compliance and detailed review of debt obligations are recommended to ensure ongoing financial stability.

R JOHNS REMOVALS LTD - Analysis Report

Company Number: SC786458

Analysis Date: 2025-07-29 19:23 UTC

1. Risk Rating: LOW
   R Johns Removals Ltd shows a sound financial position for a newly incorporated micro-entity with positive net assets and profitability. There are no overdue filings or indications of insolvency, supporting a low risk profile at this stage.

2. Key Concerns:

• Limited Operating History: Incorporated only in October 2023, the company has less than one full year of trading history, limiting the ability to assess long-term operational stability.
• Modest Scale and Single Director: As a micro-entity with a single director/shareholder, governance and operational risks are concentrated, which may affect succession or management continuity.
• Long-term Liabilities: Creditors due after more than one year total £16,818, which is significant relative to net assets (£24,912) and may impact cash flow and solvency if not managed carefully.

3. Positive Indicators:

• Profitability: The company reported a net profit of £24,902 on turnover of £62,283 within its first accounting period, indicating effective cost control and a viable business model.
• Strong Working Capital Position: Net current assets are positive at £15,926, suggesting the company can meet short-term liabilities comfortably.
• Compliance and Timeliness: No overdue accounts or confirmation statement filings, demonstrating good regulatory compliance so far.

4. Due Diligence Notes:

• Verify the nature and terms of the £16,818 long-term liabilities to assess repayment obligations and impact on liquidity.
• Monitor ongoing profitability and cash flow trends beyond the first accounting period to evaluate operational sustainability.
• Assess the director’s experience and capacity to manage business expansion and regulatory obligations as the company grows.
• Confirm there are no undisclosed related party transactions or contingent liabilities given the single director/shareholder structure.