REIGN PROPERTY GROUP LTD

Executive Summary

Reign Property Group Ltd is a very new, small-scale cleaning services business with a sound opening balance sheet showing modest net assets and positive working capital. While current liquidity appears adequate, limited trading history means credit approval should be conditional on future performance and compliance monitoring. Continued oversight of financial filings and operational progress is recommended to manage credit risk effectively.

REIGN PROPERTY GROUP LTD - Analysis Report

Company Number: 15045891

Analysis Date: 2025-07-29 13:30 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Reign Property Group Ltd is a newly incorporated micro-entity with minimal financial history and limited scale of operations. The company shows a positive net current asset position and positive shareholders’ funds, indicating a modest but stable balance sheet at this early stage. However, the absence of trading history beyond the first reporting year restricts confidence in its ability to consistently generate revenues and service debt. Credit approval should be conditional on continued timely filing of accounts, demonstration of revenue growth, and maintenance of positive working capital.

2. Financial Strength:

• Total net assets stand at £2,054, reflecting the initial equity investment and limited asset base.
• Current assets of £2,517 against current liabilities of £463 translate to net current assets of £2,054, indicating adequate short-term financial stability.
• No long-term liabilities or borrowings reported, which reduces financial risk but also means credit exposure would be new and untested.
• The company employs 2 staff, consistent with micro-entity status and low operating scale.

3. Cash Flow Assessment:

• The micro-entity accounts do not provide detailed cash flow statements, but the positive net current assets suggest liquidity is currently sufficient to meet short-term obligations.
• The small scale and early stage of business imply working capital requirements are limited.
• Monitoring cash conversion cycles and maintaining a positive cash buffer will be important for sustaining operations and honoring credit terms.

4. Monitoring Points:

• Track the company’s filing of subsequent accounts and confirmation statements to ensure compliance and transparency.
• Monitor revenue and profit trends once trading data is available to assess growth trajectory and credit servicing capacity.
• Watch for any increase in liabilities or overdue payables that could indicate cash flow stress.
• Review director and shareholder activity for any changes that might affect control or financial strategy.
• Given its recent name change from Essex Bin Cleaning Ltd, assess whether rebranding reflects strategic shift or operational restructuring.