Company Number: 13888597

Analysis Date: 2025-07-20 17:08 UTC

1. Credit Opinion: DECLINE
   Symonds Wilson Properties Ltd shows persistent negative net assets and net current liabilities over the last two financial years, indicating a weak financial position and insufficient equity base. The company’s liabilities, primarily directors’ loan accounts, exceed current assets, raising concerns about its ability to meet short-term obligations without further capital injection. The lack of profitability and negative retained earnings suggest inadequate operational cash generation to service debt or finance growth. Given these factors and the company’s very recent incorporation, extending credit would pose a high credit risk.

2. Financial Strength:
   The balance sheet reveals a very low fixed asset base (£595 in 2024) and a reliance on stock/work in progress as the main current asset (£269,924). However, current liabilities (mainly directors’ loans) stand at £278,445, resulting in negative net current assets (£-8,500) and net liabilities (£-7,905). Shareholders’ funds remain negative and have worsened from the previous year, reflecting accumulated losses. The company is classified as a micro entity with minimal capital and no significant equity cushion, indicating weak financial resilience.

3. Cash Flow Assessment:
   Cash at bank is negligible (£21), highlighting limited liquidity to cover immediate liabilities. The working capital deficit and heavy dependence on directors’ loans imply that the company is currently financed through related-party funding rather than operating cash flow. The small workforce (1 employee) and lack of reported turnover figures limit visibility into operational cash generation. The company’s cash flow position is precarious, with insufficient liquid assets to cover near-term debts, suggesting a need for ongoing capital support.

4. Monitoring Points:

• Monitor improvements in net current assets and shareholders’ funds to assess if equity injections or profitability improves financial stability.
• Track cash balances relative to current liabilities to ensure liquidity adequacy.
• Review turnover and profit trends in future filings to establish if the company can generate sustainable operating cash flow.
• Watch for changes in directors’ loans and any repayment plans or restructuring to reduce related-party debt exposure.
• Observe management changes or significant strategic shifts which may impact risk profile.