STONEHAVEN PROPERTY SERVICES LIMITED

Executive Summary

Stonehaven Property Services Limited is an early-stage micro-entity showing negative net assets and severely negative working capital, indicating financial distress and weak liquidity. Given the current financials and lack of operational history, credit facilities cannot be supported without substantial improvement or additional security. Close monitoring of cash flows and capital structure is essential for future credit consideration.

STONEHAVEN PROPERTY SERVICES LIMITED - Analysis Report

Company Number: SC772034

Analysis Date: 2025-07-19 12:20 UTC

1. Credit Opinion: DECLINE
   Stonehaven Property Services Limited presents significant financial weakness for credit extension. The company shows net liabilities (£26,769) with negative working capital (-£187,046) in its first full financial year. This indicates insolvency risk and inability to meet short-term obligations from current assets. The micro-entity status and single director control limit transparency and governance oversight. Without evidence of secured funding or business contracts, lending would be high risk.

2. Financial Strength:
   The balance sheet shows fixed assets of £160,499 but current liabilities of £206,719 overshadow current assets of only £19,673, resulting in a net current liability position. Total assets less current liabilities stand negative at -£26,547, reflecting a capital deficiency. Shareholders' funds are negative, indicating accumulated losses or initial funding shortfalls. The company is undercapitalized for its liabilities, signaling weak financial resilience.

3. Cash Flow Assessment:
   Current assets largely represent cash or receivables but are insufficient to cover creditors due within a year, leading to a liquidity shortfall. Negative net current assets suggest reliance on external funding or delayed payments to meet obligations. Given the company’s recent formation and minimal operating history, cash flow generation is uncertain. Working capital management appears poor, raising concerns over the ability to service debt or supplier payments on time.

4. Monitoring Points:

• Improvement in net current asset position and positive working capital generation.
• Movement from net liabilities to positive shareholders’ funds through retained profits or capital injection.
• Timely filing of accounts and confirmation statements to maintain compliance.
• Cash flow statements and profit & loss accounts to assess operational cash generation and margin trends.
• Any director or shareholder changes impacting control or financial backing.