SINDHER PROPERTY MANAGEMENT UK LTD

Executive Summary

SINDHER PROPERTY MANAGEMENT UK LTD is a micro-entity operating in property management with modest net assets and no short-term liabilities as of March 2024. However, a notable decline in current assets and net assets year-on-year raises liquidity concerns that warrant further investigation. The company’s small scale and exemption from audit limit financial transparency, necessitating additional due diligence around operational sustainability and cash flow.

SINDHER PROPERTY MANAGEMENT UK LTD - Analysis Report

Company Number: 14005974

Analysis Date: 2025-07-29 20:09 UTC

1. Risk Rating: MEDIUM
   The company shows positive net assets and no current liabilities as of the latest year-end, indicating solvency at that point. However, the significant decline in current assets from £14,145 in 2023 to £4,412 in 2024, combined with a reduction in net assets from £12,350 to £5,247, suggests a potential liquidity strain or operational challenges. The micro-entity status and very limited financial data also restrict the depth of analysis.

2. Key Concerns:

• Declining Asset Base: Current assets fell by over 69% year-on-year, which may reflect cash flow issues or asset disposals impacting operational liquidity.
• Limited Scale and Resources: With only one employee and micro-entity filing status, the company may have limited capacity to absorb business shocks or scale operations.
• Lack of Audit and Limited Disclosure: As a micro-entity exempt from audit, the financial statements lack external assurance, limiting visibility into financial integrity and potential off-balance sheet risks.

3. Positive Indicators:

• No Short-Term Liabilities: The absence of current liabilities in 2024 suggests no immediate debts or payables that could pressure cash flow.
• Positive Net Assets and Shareholders’ Funds: The company remains solvent on a balance sheet basis with net assets of £5,247.
• Timely Filings and Compliance: Accounts and confirmation statements are up to date, reflecting good compliance with statutory filing requirements.
• Experienced Director and Clear Ownership: The director has a relevant background in property management, and ownership/control is clearly defined between two individuals.

4. Due Diligence Notes:

• Investigate reasons behind the sharp decline in current assets and net assets between 2023 and 2024. Confirm if this relates to operational losses, asset sales, or other factors.
• Assess cash flow statements and profit/loss accounts (not provided here) to understand profitability and liquidity trends.
• Review contracts and client base to evaluate sustainability of revenue streams given the small scale of operations.
• Confirm no contingent liabilities or off-balance sheet obligations exist that could impact solvency.
• Verify director background and any related party transactions given the close ownership structure.