R S R S BUILDING LTD

Executive Summary

R S R S BUILDING LTD is a recently incorporated micro private company with its first statutory accounts showing a negative equity position and reliance on a director loan. While compliance with filing deadlines is positive, the financial data indicates significant solvency and liquidity risks. Further investigation into current trading performance and capital structure is essential to assess ongoing viability.

R S R S BUILDING LTD - Analysis Report

Company Number: 13641487

Analysis Date: 2025-07-20 15:37 UTC

1. Risk Rating: HIGH
   The company shows negative net assets and net current assets, indicating insolvency at the last reporting date. The presence of director loans as creditors further signals financial strain and potential liquidity risk. Limited operating history and minimal financial data restrict confidence in operational sustainability.

2. Key Concerns:

• Negative net assets (£-277) and net current assets (£-277) suggest the company’s liabilities exceed its assets, raising solvency issues.
• The only creditor is a director loan (£277), implying reliance on insider funding with no external financing or cash reserves reported.
• The company is very young (incorporated in 2021) with only one year of financial data, limiting ability to assess sustainable operations or profitability.

3. Positive Indicators:

• Timely filing of accounts and confirmation statement with no overdue filings indicates compliance with statutory requirements.
• Director ownership is concentrated (75-100%), which may facilitate swift decision-making and operational control.
• The company operates in diverse but related SIC codes within building completion and cleaning services, potentially offering multiple revenue streams.

4. Due Diligence Notes:

• Investigate current trading status and whether any financial performance or cash flow data exists beyond the 2022 year-end.
• Ascertain the terms and repayment prospects of the director loan to evaluate liquidity risks.
• Review any subsequent filings or management commentary on business plans, contracts, or client base to assess operational viability.
• Confirm whether additional funding or capital injections have been made post the last accounts.
• Verify if any contingent liabilities or pending legal or regulatory issues exist that may impact financial position.