R & K PROPERTIES DEVELOPMENT LIMITED

Executive Summary

R & K Properties Development Limited is a newly incorporated property-focused company with minimal financial substance and no operational track record to date. While compliance filings are current and governance appears straightforward, the absence of assets and revenues exposes significant solvency and liquidity risks. Close monitoring and further due diligence on business plans and funding are recommended before considering investment exposure.

R & K PROPERTIES DEVELOPMENT LIMITED - Analysis Report

Company Number: 15113797

Analysis Date: 2025-07-19 12:46 UTC

1. Risk Rating: HIGH
   Given the extremely limited financial data and minimal assets (£2 total), the company currently demonstrates very high solvency and liquidity risk. It is in its infancy (incorporated September 2023) with no substantive operations or revenue reflected so far.

2. Key Concerns:

• Minimal Financial Substance: The latest accounts show only £2 in current assets and shareholder funds, indicating virtually no capital base or working capital.
• No Operational History or Revenue: The company has no reported employees, income, or assets beyond nominal amounts, suggesting unproven operational stability.
• Concentration of Control: Two directors and PSCs hold 25-50% each, indicating limited ownership diversification which could lead to governance risks.

3. Positive Indicators:

• Timely Filings: Accounts and confirmation statements are up to date with no overdue filings, indicating compliance with statutory requirements.
• Clear Corporate Structure: Registered as a private limited company with identified directors and PSCs, all residing at the registered address, suggesting organizational clarity.
• Industry Classification: Registered under real estate activities (buying/selling and letting), a sector that can generate recurring income when operational.

4. Due Diligence Notes:

• Investigate the business plan and capital injection schedule to assess expected funding and revenue generation timelines.
• Confirm directors’ backgrounds and experience in property development to gauge operational capability.
• Monitor subsequent filings for financial growth and asset acquisition to evaluate progression beyond startup phase.
• Review any off-balance sheet commitments or related party transactions not visible in these initial accounts.