T LEFORT CARPENTRY LIMITED

Executive Summary

T Lefort Carpentry Limited is a small, active private limited company engaged in joinery installation. It demonstrates compliance with filing obligations and holds a positive equity position, but its diminishing cash balance and very limited scale of operation warrant further scrutiny of liquidity and operational sustainability. Investors should seek additional financial details and assess management capacity before proceeding.

T LEFORT CARPENTRY LIMITED - Analysis Report

Company Number: 13382589

Analysis Date: 2025-07-29 18:58 UTC

1. Risk Rating: LOW

Justification: The company is active and not in liquidation, with recent financial statements showing positive net current assets and shareholders’ funds, despite a small scale of operation. There are no overdue filings, no indication of director disqualifications, and the company maintains compliance with filing deadlines.

2. Key Concerns:

• Declining liquidity: Cash balances have decreased significantly from £13,269 in 2022 to no reported cash in 2024, with debtors of only £952 and net current assets of £295, which may indicate tightening short-term liquidity.
• Very small scale of operation: The company has only one employee (the director), minimal share capital (£1), and small asset and liability figures, which may limit operational resilience and growth potential.
• Lack of detailed financial information: The company’s accounts are unaudited and exempt from audit, with minimal disclosure (e.g., no profit and loss account included), limiting the ability to fully assess profitability and cash flow trends.

3. Positive Indicators:

• Compliance with statutory requirements: No overdue accounts or confirmation statements, indicating good governance in terms of regulatory compliance.
• Positive net current assets and shareholders’ funds: Although modest, the company has a positive working capital position and positive equity.
• Sole director is resident at the company address, suggesting stable management and no immediate governance concerns.

4. Due Diligence Notes:

• Investigate the reasons behind the cash reduction and the current liquidity position, including working capital management and trade debtor collection.
• Obtain more detailed financial information or management accounts to assess profitability, revenue trends, and cash flow sustainability.
• Confirm if the company is reliant on the director as sole employee and assess risks related to operational continuity and scalability.