STEVE BOYLE PROPERTY INVESTMENTS LIMITED

Executive Summary

Steve Boyle Property Investments Limited shows significant solvency and liquidity risks arising from negative net assets and large current liabilities relative to minimal current assets. While compliance with filing deadlines is maintained and fixed asset holdings are stable, lack of detailed profit and loss information limits operational assessment. Further investigation into cash flows, liabilities, and management plans is essential before considering investment.

STEVE BOYLE PROPERTY INVESTMENTS LIMITED - Analysis Report

Company Number: 14302125

Analysis Date: 2025-07-29 20:02 UTC

1. Risk Rating: HIGH
   The company exhibits a concerning negative net asset position (£-27,454 as of 31 March 2024) which has deteriorated from the previous year. Current liabilities significantly exceed current assets, resulting in negative net current assets (£-80,676), pointing to liquidity pressures and potential solvency risk.

2. Key Concerns:

• Negative Equity and Deteriorating Net Assets: The company’s shareholders’ funds are negative and have worsened year-on-year, indicating accumulated losses or insufficient capital.
• Working Capital Deficiency: Current liabilities (£149,540) far exceed current assets (£1,403), suggesting the company may struggle to meet short-term obligations without additional financing.
• Limited Financial Transparency: The accounts are prepared under micro-entity provisions with no profit and loss account filed, limiting insight into operational performance and cash flows.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is current on both accounts and confirmation statement filings, with no overdue returns, which suggests a degree of regulatory compliance and governance discipline.
• Asset Base Stability: Fixed assets have increased slightly to £181,418, which may represent tangible property investments supporting future revenue generation.
• Single Employee Structure: Operating with only one employee (likely the director) reduces payroll overheads and may indicate a lean operational model.

4. Due Diligence Notes:

• Review underlying reasons for negative equity and assess whether losses are operational or due to non-cash adjustments.
• Investigate cash flow statements or bank statements (if available) to understand liquidity management and short-term payment capacity.
• Clarify nature and terms of current liabilities, especially the £127,850 due after more than one year, to evaluate refinancing risks.
• Assess director’s plans or external funding arrangements to restore solvency and support ongoing operations.
• Consider obtaining management accounts or forecasts to gain insight into operational stability and prospects.