RUBY-ANN LIMITED

Executive Summary

Ruby-Ann Limited, incorporated in 2023 and operating in the public house sector, currently shows a high-risk profile due to significant working capital deficits and negative net assets. While regulatory compliance is up to date, the financial position suggests liquidity and solvency challenges that require close monitoring and further investigation into tax liabilities and debtor balances. The company’s sole director and owner may provide flexibility for remedial actions.

RUBY-ANN LIMITED - Analysis Report

Company Number: 14681655

Analysis Date: 2025-07-29 12:26 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency concerns with net liabilities of £41,600 against minimal share capital and limited current assets. The negative net current assets indicate that short-term liabilities substantially exceed current assets, raising questions about the company's ability to meet immediate obligations.

2. Key Concerns:

• Negative Net Current Assets: With current liabilities of £53,767 and current assets of only £12,167, the company is operating with a working capital deficit of £41,600, which is a material liquidity risk.
• Negative Debtors Balance: The reported negative trade debtors figure (-£1,623) is unusual and warrants investigation to confirm accuracy or underlying accounting issues.
• Taxation and Social Security Creditors: A large portion of liabilities (£39,380) is taxation and social security-related, which could indicate overdue or accruing tax obligations, potentially triggering enforcement actions if unpaid.

3. Positive Indicators:

• Active Status and Compliance: The company is active, with no overdue accounts or confirmation statement filings, indicating compliance with regulatory deadlines so far.
• Single Director and Owner: Mr. Robert William Hunter owns 75-100% of shares and controls the board, which can facilitate swift decision-making and capital injection if necessary.
• Small Company Filing Regime: The company benefits from small company reporting exemptions, reducing administrative burdens.

4. Due Diligence Notes:

• Clarify the nature and reason for the negative debtors balance and confirm if this reflects accounting errors or adjustments.
• Investigate the specifics of the taxation and social security liabilities: Are these amounts overdue, disputed, or subject to payment plans?
• Review the company’s cash flow forecasts and any planned capital injections or financing arrangements to cover the current working capital deficit.
• Assess the business model and market conditions of the public house/bar SIC code (56302) to evaluate operational sustainability given the current financial position.
• Confirm whether the company has any contingent liabilities or off-balance-sheet obligations not disclosed in the accounts.