S COOPER LIMITED

Executive Summary

S COOPER LIMITED, a recently established private limited company in construction installation, exhibits a modest asset base with slight liquidity pressures and significant hire purchase debt. The company is compliant with regulatory filings but has limited operating history to judge sustainability. Further due diligence on cash flows, debt terms, and operational performance is recommended to fully assess solvency and risk.

S COOPER LIMITED - Analysis Report

Company Number: 14801632

Analysis Date: 2025-07-29 16:36 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated and has modest net assets (£600) with slightly negative net current assets (-£42). It carries secured hire purchase debt (£13,026) which is significant relative to its asset base. While no overdue filings or insolvency proceedings are evident, the financial position indicates some leverage and tight working capital.

2. Key Concerns:

• Leverage on Hire Purchase Debt: The company has a substantial secured hire purchase liability (total £13,026) relative to total net assets (£600) and current assets (£13,522), which may strain cash flow if revenue generation is insufficient.
• Negative Net Current Assets: Net current liabilities of £42 signal a slight shortfall in short-term liquidity, potentially risking difficulties in meeting immediate obligations.
• Early Stage Financials and Limited History: Incorporated in April 2023 with only one accounting period filed, the company’s financial and operational sustainability remains unproven.

3. Positive Indicators:

• Compliance with Filing Requirements: The company has filed accounts and confirmation statements on time, indicating good regulatory compliance.
• Ownership and Control: Clear and consolidated ownership by Mr. Samuel Philip Cooper (75-100% shares and voting rights) reduces governance risk associated with ownership disputes.
• Asset Base: Tangible fixed assets of £12,003 (net book value) provide some collateral backing, primarily motor vehicles and office equipment.

4. Due Diligence Notes:

• Cash Flow Projections and Revenue Streams: Investigate underlying business activities, contracts, and turnover to assess whether cash flows can service hire purchase commitments and operational expenses.
• Nature and Terms of Hire Purchase Agreements: Review hire purchase contract terms including interest rates, repayment schedules, and security to evaluate refinancing or default risks.
• Directors’ Backgrounds and Related Party Transactions: Confirm absence of any director disqualifications or related party transactions that could affect governance or financial stability. Also, understanding the directors’ operational experience in construction installation (SIC 43290) would be beneficial.
• Profit and Loss Details: Since profit & loss account was not delivered, obtaining management accounts or other financial data is critical for assessing profitability and operational sustainability.