SMR PROPERTY HOLDINGS LIMITED

Executive Summary

SMR Property Holdings Limited demonstrates a high risk profile due to persistent negative net assets and working capital deficits, raising concerns over solvency and liquidity. While regulatory filings are current and fixed assets provide some backing, the absence of employees and minimal current assets question operational viability. Further due diligence on asset realizability and creditor terms is recommended before investment consideration.

SMR PROPERTY HOLDINGS LIMITED - Analysis Report

Company Number: 12442080

Analysis Date: 2025-07-29 20:04 UTC

1. Risk Rating: HIGH
   SMR Property Holdings Limited shows persistent negative net assets and net current liabilities over multiple years, indicating solvency and liquidity concerns. The company remains active but reports continuing working capital deficits and negative shareholders' funds, suggesting financial distress.

2. Key Concerns:

• Negative Net Assets: The company’s net assets are negative (£-718 as of 2024), reflecting accumulated losses and insufficient equity to cover liabilities.
• Working Capital Deficit: Current liabilities significantly exceed current assets (net current assets of approximately £-54k), signaling potential short-term liquidity issues.
• No Employees or Operational Activity: With zero employees and minimal current assets, the operational stability is questionable; the business appears largely inactive or dormant in terms of trading activity.

3. Positive Indicators:

• Consistent Fixed Asset Base: Fixed assets remain stable at £152,742, indicating some tangible asset backing.
• Timely Filing Compliance: Accounts and confirmation statements are up to date with no overdue filings, showing adherence to regulatory requirements and good governance on compliance matters.
• No Indication of Insolvency Proceedings: The company is not in liquidation, administration, or receivership, suggesting no formal insolvency processes underway as of the latest data.

4. Due Diligence Notes:

• Investigate the nature and valuation of fixed assets to determine if they are realizable or impaired.
• Review creditor arrangements, particularly long-term liabilities (£99,466), to understand repayment terms and any covenant risks.
• Clarify the company’s operational status since no employees are reported and current assets are minimal; ascertain if the business is trading, dormant, or holding assets for investment purposes.
• Assess director intentions and any plans for recapitalization or restructuring given the prolonged negative equity position.
• Confirm absence of director disqualifications or related party concerns, though none are indicated in the data provided.