RIBBLE VALLEY GP SERVICES LTD

Executive Summary

Ribble Valley GP Services Ltd is a newly incorporated micro-entity operating in general medical practice with modest net assets and some short-term liquidity concerns evidenced by negative working capital. The company maintains good regulatory compliance and is controlled wholly by an experienced director. Further cash flow analysis and operational due diligence are recommended to better understand the business’s sustainability and risk profile.

RIBBLE VALLEY GP SERVICES LTD - Analysis Report

Company Number: 14271110

Analysis Date: 2025-07-29 20:50 UTC

1. Risk Rating: MEDIUM
   The company shows modest net assets with a small negative working capital position, indicating potential liquidity concerns. However, it is not in immediate distress and filings are up to date.

2. Key Concerns:

• Negative Net Current Assets: The company has net current liabilities of £1,623 as of 31 March 2024, worsening from £768 the prior year, which may indicate short-term liquidity pressure.
• Limited Financial History: Incorporated in 2022, the company has a very short operating history, limiting trend analysis and increasing uncertainty about sustainability.
• Small Scale and Limited Asset Base: As a micro-entity with minimal fixed assets (£7,296) and current assets (£3,980), the business appears modest with limited financial buffer to absorb shocks.

3. Positive Indicators:

• Compliance and Timeliness: The company is active with no overdue filings for accounts or confirmation statements, indicating sound regulatory compliance.
• Stable Shareholders’ Funds: Shareholders’ funds remain positive at £5,673, suggesting the business is not insolvent and retains equity support.
• Experienced Director and PSC: Dr Jill Ireland, a GP by occupation, is both director and 100% owner, which may indicate dedicated operational oversight and alignment of control and management.

4. Due Diligence Notes:

• Review cash flow statements or management accounts if available to assess liquidity beyond balance sheet snapshots, especially given negative net current assets.
• Investigate the company’s revenue streams, contracts, and customer base to evaluate operational sustainability given short trading history.
• Confirm any contingent liabilities or off balance sheet obligations that could impact financial stability.
• Explore director’s background and any related party transactions given single-person control to assess governance risks.