REMOTE ACCESS CONSTRUCTION SOLUTIONS LIMITED

Executive Summary

REMOTE ACCESS CONSTRUCTION SOLUTIONS LIMITED is a micro-entity with a clean compliance record and positive net asset position, indicating low immediate financial risk. However, the company’s very recent incorporation, small scale, and concentrated control warrant ongoing monitoring to confirm operational viability and governance robustness. Overall, the financial snapshot suggests a stable start but with limited historical data to fully assess long-term sustainability.

REMOTE ACCESS CONSTRUCTION SOLUTIONS LIMITED - Analysis Report

Company Number: 15170353

Analysis Date: 2025-07-29 12:41 UTC

1. Risk Rating: LOW

Justification: The company, REMOTE ACCESS CONSTRUCTION SOLUTIONS LIMITED, is a newly incorporated micro-entity with a clean filing record and positive net asset position. Its balance sheet as of 27 March 2025 shows net assets of £31,678 and positive net current assets of £23,359, indicating solvency and working capital adequacy at this early stage.

2. Key Concerns:

• Limited Operating History: Incorporated in September 2023 and reporting its first accounts in March 2025, the company has a very short trading history, which limits the ability to assess operational stability and financial trends.
• Small Scale and Single Employee: With only one employee and micro-entity status, the business scale and operational capacity appear minimal, raising questions about scalability and resilience.
• Related Party Control Concentration: The sole director and 75-100% shareholder is the same individual, Mr. William James Connelly, which concentrates control and may increase governance risk if not mitigated.

3. Positive Indicators:

• Solvency and Liquidity: The company reports net current assets of £23,359 and net assets of £31,678, showing it can meet short-term obligations comfortably.
• Filing Compliance: All statutory filings including annual accounts and confirmation statements are up to date with no overdue penalties.
• Clear Industry Classification: The SIC code 43999 relates to specialised construction activities, consistent with the director’s occupation as a building contractor, indicating alignment between business activity and management expertise.

4. Due Diligence Notes:

• Verify revenue streams and client contracts to assess operational sustainability beyond balance sheet figures.
• Review cash flow patterns and bank statements to confirm liquidity beyond snapshot figures.
• Understand the director’s background and any related party transactions to assess governance and conflict of interest risk.
• Monitor future filings to track growth, profitability, and any emerging liabilities or changes in financial position.
• Confirm no undisclosed contingent liabilities or pending regulatory issues given the newness of the company.