SCELTA PROPERTIES LIMITED

Executive Summary

SCELTA PROPERTIES LIMITED exhibits a very high risk profile due to negligible net assets, zero working capital, and lack of profit and loss disclosure, raising serious questions about its solvency and operational viability. While regulatory filings are current and governance appears stable, the company’s financial position suggests it is not currently sustainable as a going concern without further capital or business activity. Further investigation into its business operations and financial commitments is recommended before considering investment.

SCELTA PROPERTIES LIMITED - Analysis Report

Company Number: 13804975

Analysis Date: 2025-07-29 20:02 UTC

1. Risk Rating: HIGH
   Justification: The company shows extremely minimal financial substance with net assets and shareholders’ funds of only £100, no current assets, and no profits reported. The absence of cash or working capital raises significant concerns about its ability to meet liabilities or sustain operations.

2. Key Concerns:

• Financial Thinness: The company’s net assets stand at just £100, with no current assets or working capital to cover short-term obligations, indicating insolvency risk if liabilities arise.
• Lack of Trading Activity or Revenue: There is no reported profit and loss information, and the financial statements suggest the company holds only a nominal investment, which questions operational viability.
• Limited Transparency: The company has filed abridged accounts without a profit and loss account, restricting insight into its financial performance and cash flow position.

3. Positive Indicators:

• Compliance with Filing Requirements: Accounts and confirmation statements are filed on time, indicating good regulatory compliance.
• Stable Ownership and Management: Directors and persons with significant control appear stable with no disqualifications or adverse records.
• Small Company Regime Filing: Use of small company exemptions reduces administrative burden, appropriate for the company size.

4. Due Diligence Notes:

• Investigate the nature and value of the fixed asset investment (£100) and whether it has any liquidity or income-generating potential.
• Clarify the company’s business model and revenue streams given the SIC classification as a holding company with negligible financial data.
• Review any off-balance-sheet liabilities, contingent obligations, or related party transactions that could affect solvency.
• Confirm if the company is currently trading or dormant to assess operational status and future prospects.