SAP CARPENTRY LTD

Executive Summary

SAP Carpentry Ltd presents a low financial risk profile based on its micro-entity status, positive net assets, and timely compliance with statutory requirements. However, its very limited asset base and minimal capital suggest constrained liquidity and limited operational scale. Further due diligence should focus on cash flow adequacy and business sustainability.

SAP CARPENTRY LTD - Analysis Report

Company Number: 13051174

Analysis Date: 2025-07-20 18:54 UTC

1. Risk Rating: LOW
   SAP Carpentry Ltd shows a stable financial position typical of a micro-entity with minimal liabilities and positive net assets. The company is current on filings, has a clean compliance record, and exhibits no signs of financial distress.

2. Key Concerns:

• Extremely low asset base and capital (£209 net assets), which limits financial flexibility.
• Very limited current assets (cash or receivables of only £209) may constrain liquidity despite no current liabilities.
• Small scale and narrow financial footprint with very minimal share capital (£10) and no indication of growth or retained earnings beyond nominal net asset increases.

3. Positive Indicators:

• Consistent positive net current assets over the last four years, indicating the ability to meet short-term obligations.
• No overdue filings or compliance issues, with recent submission of accounts and confirmation statements.
• Stable director appointment with no adverse conduct records, supporting governance stability.
• Business category (specialised construction) aligns with small-scale operations and micro-entity reporting, consistent with reported data.

4. Due Diligence Notes:

• Examine detailed cash flow statements or bank statements to confirm liquidity beyond balance sheet snapshot.
• Investigate revenue streams, client base, and contracts to assess operational sustainability and growth prospects.
• Verify absence of contingent liabilities or off-balance-sheet risks despite footnotes stating none.
• Confirm no director disqualifications or adverse legal actions beyond public record check.
• Review business model viability given small scale and whether the company is a holding entity or operating business.