SWSZ PROPERTY MANAGEMENT LTD

Executive Summary

SWSZ Property Management Ltd is an early-stage micro private company with persistent negative net assets and net current liabilities, signaling elevated solvency and liquidity risks. While regulatory filings are up to date and ownership is concentrated, the lack of employees and minimal current assets raise concerns regarding operational viability. Further investigation into funding support and business activities is advised before considering investment.

SWSZ PROPERTY MANAGEMENT LTD - Analysis Report

Company Number: 14367717

Analysis Date: 2025-07-29 13:35 UTC

1. Risk Rating: HIGH
   The company exhibits significant negative net assets and current liabilities exceeding current assets by a wide margin, indicating solvency and liquidity concerns. It is a recently incorporated micro-entity with minimal operational history and no employees during the latest year, raising questions about operational sustainability.

2. Key Concerns:

• Negative shareholders' funds of £1,682 as of 30 September 2024, deteriorated from £436 the prior year, implying accumulated losses and potential solvency issues.
• Net current liabilities of £1,682 with current liabilities substantially exceeding current assets (only £26 in current assets), signaling liquidity stress and inability to meet short-term obligations.
• Absence of employees in the last reported year suggests limited business activity or operational capacity, which may impact revenue generation and continuity.

3. Positive Indicators:

• Company is actively maintaining statutory compliance with timely filing of accounts and confirmation statements, indicating good governance in terms of regulatory obligations.
• Ownership is concentrated with a single corporate entity (Swsz Holdings Ltd) controlling 75-100% shares and voting rights, potentially allowing for decisive management and financial support if needed.
• No indications of director disqualifications or regulatory sanctions, and director has signed off on accounts, supporting a baseline of governance responsibility.

4. Due Diligence Notes:

• Investigate the nature of current liabilities and creditor terms to assess timing and risk of default or enforcement actions.
• Review cash flow projections and any planned capital injections or funding arrangements from the parent company to support trading and liabilities.
• Understand the business model and revenue generation capabilities given the absence of employees and minimal asset base; clarify if the company is operational or in a start-up phase.
• Confirm any contingent liabilities or off-balance-sheet obligations not visible in micro-entity filings.
• Enquire about the reason for negative equity and whether there are plans to restore balance sheet strength.