R&L PROPERTY GROUP LTD

Executive Summary

R&L Property Group Ltd exhibits significant solvency concerns with persistent negative net assets and current liabilities exceeding current assets, signaling potential financial distress. While regulatory compliance appears satisfactory, operational and financial sustainability remain uncertain given the limited scale and absence of employees. Further due diligence is recommended to clarify the company’s financial strategy and operational viability.

R&L PROPERTY GROUP LTD - Analysis Report

Company Number: 14018081

Analysis Date: 2025-07-29 20:49 UTC

1. Risk Rating: HIGH
   The company shows persistent net current liabilities and negative shareholders’ funds over the last three reported years, indicating poor solvency and potential financial distress. The negative net assets suggest the company may struggle to meet its obligations.

2. Key Concerns:

• Consistent negative net current assets (£-4,514 in 2024) and net liabilities, indicating insufficient working capital to cover short-term liabilities.
• Negative shareholders’ funds persisting since incorporation, indicating accumulated losses or undercapitalisation.
• No employees reported and minimal disclosure on operations, raising questions about the sustainability and scale of business activities.

3. Positive Indicators:

• The company remains active and compliant with filing deadlines, suggesting minimal governance or regulatory compliance issues.
• Directors appear stable with no public record of disqualifications or adverse conduct.
• The company’s turnover and balance sheet fall within micro-entity thresholds, simplifying reporting and potentially lowering operational costs.

4. Due Diligence Notes:

• Investigate the nature of current liabilities to assess urgency and structure of debt obligations.
• Review management plans or forecasts addressing the negative net asset position and working capital deficit.
• Clarify the operational model given zero employees and limited financial disclosures to assess business sustainability.
• Verify any off-balance sheet liabilities or related party transactions given the negative equity.
• Confirm the accuracy and completeness of financial statements prepared under micro-entity accounting standards.