Company Number: 13554173

Analysis Date: 2025-07-20 11:01 UTC

1. Risk Rating: LOW
   SV TILING LTD demonstrates a sound financial position with net current assets significantly positive and no overdue filings. The company has maintained compliance with Companies House requirements and shows stable equity levels, indicating low solvency and liquidity risk at this stage.

2. Key Concerns:

• Declining net assets and shareholder funds from £26,691 in 2023 to £21,772 in 2024, indicating a reduction in retained earnings or profitability.
• Relatively small scale of operations and minimal employee count (1), which may limit operational resilience and growth potential.
• Concentration of control and ownership in a single director (Mr Virgil Serban), raising potential governance risks, especially in decision-making and strategic oversight.

3. Positive Indicators:

• Positive net current assets (£21,772 in 2024) with cash holdings comprising the majority (£20,000), indicating adequate liquidity to meet short-term obligations.
• No overdue accounts or confirmation statements, reflecting good regulatory compliance and governance discipline.
• Consistent filing of abridged accounts under the small companies regime, demonstrating adherence to statutory requirements.

4. Due Diligence Notes:

• Investigate the reason behind the decline in net assets and profit and loss reserve between 2023 and 2024 to assess profitability and sustainability of operations.
• Review contracts and revenue streams given the SIC code (43999 - other specialised construction activities) to evaluate the stability and diversification of the business.
• Confirm director’s financial and operational capacity, given sole control and ownership, and assess risk of dependency on a single individual.
• Consider obtaining more detailed financial data, including profit and loss account, to better understand margins, costs, and cash flow trends.