SURE IDEAS NEW INTERESTS LTD

Executive Summary

Sure Ideas New Interests Ltd exhibits a challenging financial position characterized by sustained net liabilities and liquidity deficits, raising solvency concerns. While the stable fixed asset base and compliance with filing requirements are positive, significant due diligence is warranted to evaluate creditor exposures, cash flows, and operational viability before considering investment.

SURE IDEAS NEW INTERESTS LTD - Analysis Report

Company Number: 13290702

Analysis Date: 2025-07-29 19:01 UTC

1. Risk Rating: HIGH
   The company shows persistent negative net assets and net current liabilities over multiple years, indicating solvency concerns and poor liquidity. The micro entity classification and limited financial disclosures restrict comprehensive analysis, but the available data suggests financial stress.

2. Key Concerns:

• Negative shareholders’ funds (net liabilities) worsening from -£47,331 in 2021 to -£27,826 in 2024 despite asset base stability.
• Significant current liabilities (£516,826) exceeding current assets by a substantial margin, indicating liquidity strain and potential cash flow difficulties.
• Reliance on a single director and a sole controlling shareholder entity may pose governance and operational risks, especially given the financial position.

3. Positive Indicators:

• Fixed assets remain stable at approximately £745,000, which could provide collateral value or support for restructuring.
• The company is current on its accounts and confirmation statement filings, reflecting compliance with statutory requirements.
• Operating as a private limited company focused on real estate letting, a sector that can generate steady income streams if managed effectively.

4. Due Diligence Notes:

• Investigate the nature and maturity profile of the large current and long-term liabilities to assess repayment risks and creditor relationships.
• Review cash flow statements and detailed profit and loss accounts (not provided) to understand operational performance and cash generation capacity.
• Examine the ownership and control structure, including the role and financial strength of the parent controlling entity (Sure Ideas Ltd) and director involvement.
• Assess the valuation and liquidity of fixed assets to determine potential for asset sales or refinancing.
• Confirm any contingent liabilities or off-balance sheet obligations that may exacerbate financial risk.