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.