SCOTIA PROPERTY GROUP LIMITED

Executive Summary

Scotia Property Group Limited is a very small, early-stage real estate management company showing modest improvement in net assets and liquidity. While current financials indicate no immediate solvency concerns, the limited scale and thin cash reserves warrant conditional credit approval with close monitoring of working capital and operational progress. Credit facilities should be modest and reassessed as the business develops.

SCOTIA PROPERTY GROUP LIMITED - Analysis Report

Company Number: SC727767

Analysis Date: 2025-07-29 20:50 UTC

1. Credit Opinion: CONDITIONAL APPROVAL
   Scotia Property Group Limited is a recently incorporated private company active in real estate management. The company’s financials indicate a very modest asset base and limited cash resources. While net assets have improved from £164 in 2023 to £1,569 in 2024, overall scale remains very small. Current liabilities are low and fully covered by current assets, indicating short-term obligations are manageable. However, the company has no long-term creditors as of the latest accounts, suggesting limited external debt funding or credit history. Given the early stage of the business and thin financial buffers, credit approval should be conditional on continued monitoring and possibly restricted to modest credit lines.

2. Financial Strength:
   The balance sheet shows total net assets of £1,569 at 31 March 2024, up from £164 in the prior year, driven by improved working capital. The company holds cash balances of £3,357, with current liabilities of £1,788, reflecting a positive net current asset position of £1,569. No fixed assets or long-term liabilities remain as of 2024, indicating a simple capital structure. The increase in retained earnings suggests some operational profitability or capital injections. Overall, financial strength is weak due to small scale but stable in the short term, with no signs of significant gearing or solvency issues.

3. Cash Flow Assessment:
   Cash at bank has declined slightly from £4,759 to £3,357 year-on-year, though remains sufficient to cover current liabilities. Net current assets remain positive and adequate to meet near-term commitments, suggesting reasonable liquidity. The company employs 2 staff, indicating low overheads. However, cash flow details are limited as no income statement was filed. The small cash buffer advises caution, and working capital management should be closely observed to ensure ongoing liquidity.

4. Monitoring Points:

• Cash balances and net current assets to ensure liquidity is maintained.
• Management of payables and receivables to prevent liquidity strain.
• Any new significant borrowings or changes in capital structure.
• Progress in revenue generation and profitability once more detailed accounts are filed.
• Director stability and continued compliance with filing deadlines.