RUSE PROPERTIES LTD

Executive Summary

RuSe Properties Ltd is a micro private limited company showing increasing negative net assets and significant current liabilities exceeding current assets, indicating high solvency and liquidity risks. While statutory filings are current and governance appears stable, the financial data raises concerns about the company’s operational sustainability and capacity to meet obligations. Further due diligence is recommended to understand liabilities and assess viability.

RUSE PROPERTIES LTD - Analysis Report

Company Number: 13136423

Analysis Date: 2025-07-20 17:57 UTC

1. Risk Rating: HIGH
   The company exhibits persistent negative net assets and net current liabilities, indicating solvency concerns. The micro-entity scale with minimal assets and increasing liabilities, combined with no employees and negative equity, raises significant financial stability risks.

2. Key Concerns:

• Solvency Risk: The net liabilities have worsened from £-327 in 2021 to £-1,118 in 2024, indicating an ongoing capital deficit and inability to cover liabilities with assets.
• Liquidity Concerns: Current liabilities substantially exceed current assets (£785 vs £10 in 2024), suggesting poor short-term liquidity and potential cash flow issues.
• Operational Stability: The company has no employees and minimal capital (£10 share capital), with no sign of increasing asset base or profitability, questioning the sustainability of ongoing operations.

3. Positive Indicators:

• Filings are up to date with no overdue accounts or confirmation statements, showing compliance with statutory reporting requirements.
• Directors have maintained consistent control since incorporation with no indications of disqualification or governance issues.
• The company is active and not undergoing liquidation or administration, suggesting ongoing business activity.

4. Due Diligence Notes:

• Investigate the nature of the company’s liabilities and creditor relationships to understand the causes of negative equity and possible contingent risks.
• Review any off-balance-sheet commitments or related party transactions that may impact financial stability.
• Assess business model viability and cash flow forecasting to determine if the company can generate sufficient revenue or requires capital injection.
• Confirm whether the directors have plans or have taken steps for financial restructuring or recapitalization.
• Explore the reason for the consistently minimal current assets and absence of employees to evaluate operational capacity.