SJP STRUCTURAL CONSULTANTS (COVENTRY) LTD
Executive Summary
SJP Structural Consultants (Coventry) Ltd is a recently formed micro-entity with a modest asset base but positive net current assets and no overdue filings, indicating good early-stage compliance and liquidity. The company’s small scale and limited operating history are the main limitations to assessing its financial stability and operational sustainability. Continued monitoring of trading performance and governance is recommended.
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This analysis is opinion only and should not be interpreted as financial advice.
SJP STRUCTURAL CONSULTANTS (COVENTRY) LTD - Analysis Report
- Risk Rating: LOW
The company is newly incorporated (January 2023) and has filed its first set of micro-entity accounts on time with no overdue filings. The balance sheet shows positive net current assets of £1,754 and no liabilities beyond short-term creditors. Given the limited operating history and small scale, there are no immediate solvency or liquidity concerns evident from the data provided.
- Key Concerns:
- Limited Operating History: Being a start-up with only one set of accounts limits the ability to assess ongoing financial performance and sustainability.
- Minimal Asset Base: Current assets and net assets are modest (£3,296 and £1,754 respectively), indicating a small capital base and potential vulnerability to cash flow issues if expenses increase.
- No Employees: The company currently has no employees, which may reflect reliance on the director or contractors and could impact operational scalability.
- Positive Indicators:
- Compliance: All statutory filings including accounts and confirmation statements are up to date, showing good regulatory compliance.
- Positive Working Capital: The company’s current assets exceed current liabilities, indicating short-term liquidity sufficiency.
- Experienced Director: The director is a Chartered Structural Engineer, which aligns with the company’s engineering consultancy activity and suggests relevant expertise.
- Due Diligence Notes:
- Verify the director’s business plan and pipeline of consultancy contracts to assess revenue prospects and sustainability.
- Review any off-balance-sheet commitments or contingent liabilities not disclosed in the micro-entity accounts.
- Confirm the relationship and role of the significant shareholder controlling 75-100% of shares and voting rights, to assess governance and influence dynamics.
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