SYSTEMATIC PROPERTY SERVICES LTD

Executive Summary

Systematic Property Services Ltd is currently in a weak financial position with negative net assets and significant creditor liabilities exceeding asset values. The company shows limited operational activity and minimal liquidity, raising concerns about its ability to meet debt obligations. Credit approval is not recommended without substantial financial improvement or capital restructuring.

SYSTEMATIC PROPERTY SERVICES LTD - Analysis Report

Company Number: 14379317

Analysis Date: 2025-07-29 19:39 UTC

1. Credit Opinion: DECLINE
   Systematic Property Services Ltd demonstrates a weak financial position with net liabilities of £9,659 as of the latest accounting date. The company’s balance sheet shows a significant long-term creditor liability (£211,311) exceeding total assets, indicating over-leverage and negative equity. The absence of employees and minimal current assets (£4,170) relative to current liabilities historically suggest limited operational activity and cash resources to meet short-term obligations. Given these factors, the company’s ability to service new or existing debt is doubtful without substantial capital injection or operational improvement.

2. Financial Strength:
   The company’s fixed assets remain steady at £197,482 over recent periods, but these are overshadowed by creditor claims falling due after more than one year (£211,311), resulting in negative net assets and shareholders’ funds. Current liabilities have effectively been cleared in the latest year, but this appears to be replaced by long-term creditor debt, indicating a refinancing or restructuring of obligations rather than an improvement in financial health. The company remains a micro-entity with no employees and minimal current assets, reflecting a fragile capital structure and limited financial flexibility.

3. Cash Flow Assessment:
   Current assets are minimal (£4,170), and the company reported no employees, suggesting very limited operational cash flow generation. The negative equity and creditor structure imply ongoing reliance on external financing or related party loans to fund operations. There is no evidence of retained earnings or reserves, and liquidity appears strained given the significant creditor obligations. Working capital is positive but marginal, which may mask underlying liquidity risks due to creditor maturity profiles.

4. Monitoring Points:

• Monitor creditor levels and maturity profiles closely, particularly long-term liabilities and any refinancing arrangements.
• Watch for improvements in current assets and cash balances to assess liquidity enhancement.
• Track any operational developments or employee appointments that might indicate business activity scaling.
• Review director conduct and any changes in ownership or control, given the small shareholder base and concentration of control.
• Ensure timely filing of accounts and returns to maintain regulatory compliance and transparency.