SIMPSON PROPERTIES 12 LIMITED

Executive Summary

SIMPSON PROPERTIES 12 LIMITED exhibits significant financial risk at its first year-end, with negative net assets and working capital deficits indicating solvency challenges. While regulatory compliance is maintained, the lack of operational scale and limited financial data necessitate further inquiry into its business viability and funding plans. Investors should proceed cautiously and seek additional information before engagement.

SIMPSON PROPERTIES 12 LIMITED - Analysis Report

Company Number: 15019890

Analysis Date: 2025-07-29 19:01 UTC

1. Risk Rating: HIGH
   The company's financial data indicates net current liabilities of £23 and negative net assets of £23 at its first year-end. This points to immediate solvency concerns. Additionally, the company has no employees and minimal current assets (£147), suggesting very limited operational activity or resources.

2. Key Concerns:

• Negative net assets and working capital deficit indicate inability to meet short-term obligations without external funding.
• Absence of employees and minimal asset base raises questions on operational sustainability and business activity.
• Newly incorporated with only one financial year filed; limited track record increases uncertainty and risk for investors.

3. Positive Indicators:

• Company filings are up to date with no overdue accounts or confirmation statements, showing compliance with regulatory requirements.
• Ownership and control are clearly concentrated under a single individual with full voting rights, which may facilitate decisive governance.
• The company operates in real estate sectors (letting and trading), which could have potential if adequately capitalized and managed.

4. Due Diligence Notes:

• Investigate the nature of current liabilities and whether they are short-term debts to related parties or external creditors.
• Clarify the business model and revenue generation plans given the absence of employees and negligible assets.
• Confirm any planned capital injections or financing arrangements to address the negative equity situation.
• Review director and secretary backgrounds for relevant experience and reputational risk, although no disqualifications are noted.
• Assess market conditions and competitive position within the real estate SIC codes to evaluate growth prospects.