SEAVIEW GROUP PROPERTIES LTD

Executive Summary

Seaview Group Properties Ltd is a newly incorporated micro-entity with minimal financial resources and no employees, resulting in negligible net assets and working capital. Its current financial position does not support credit extension due to lack of operational scale and cash flow capacity. Close monitoring of future financial developments is recommended before reconsidering credit risk.

SEAVIEW GROUP PROPERTIES LTD - Analysis Report

Company Number: NI684517

Analysis Date: 2025-07-29 20:51 UTC

1. Credit Opinion: DECLINE
   Seaview Group Properties Ltd shows extremely limited financial substance, with net assets and shareholders' funds of only £5 as of 31 December 2023. The company operates in the real estate management sector but has no employees and minimal working capital, indicating very limited operational activity. Without meaningful assets or earnings, the company lacks capacity to service debt or absorb financial shocks, making it a high credit risk.

2. Financial Strength:
   The balance sheet reveals current assets of £58,376 offset by almost equal current liabilities, leaving a negligible net working capital of £5 and net assets of £5. This minimal equity base and lack of fixed assets suggest no financial buffer or capital investment. The company’s micro-entity status and recent incorporation (December 2021) mean there is little financial history to assess trends or growth.

3. Cash Flow Assessment:
   With current liabilities nearly equal to current assets, the company’s liquidity position is extremely tight. The absence of employees and likely limited trading activity imply cash inflows are minimal or irregular. Working capital is virtually nil, indicating no cushion for operational or financing needs. The company’s ability to generate positive operating cash flow or meet short-term obligations without external support is doubtful.

4. Monitoring Points:

• Track any changes in net assets or working capital to assess financial improvement or deterioration.
• Monitor director and shareholder activity for capital injections or changes in control that may affect creditworthiness.
• Watch for future filed accounts to identify any operational revenue or asset acquisitions.
• Review any overdue filings or changes in company status that could signal distress.