TANGRA INSTALL LTD

Executive Summary

TANGRA INSTALL LTD shows a strong liquidity and solvency position with increasing net assets and no regulatory compliance issues, despite its recent incorporation and micro-entity scale. The company’s concentrated ownership and limited operating history warrant further due diligence on operational sustainability and governance. Overall, current data supports a low risk rating for investment consideration.

TANGRA INSTALL LTD - Analysis Report

Company Number: 14018195

Analysis Date: 2025-07-20 13:59 UTC

1. Risk Rating: LOW
   TANGRA INSTALL LTD demonstrates solid financial health for a micro-entity, with strong net current assets and positive net assets growth year-over-year. There are no overdue filings or liquidation status, indicating good regulatory compliance and operational stability at this early stage.

2. Key Concerns:

• Limited Operating History: Incorporated in April 2022, the company has less than two full years of financial data, which limits trend analysis and long-term risk assessment.
• Small Scale Operations: The company is categorized as a micro-entity with only 4 employees, which may constrain operational scalability and resilience to market fluctuations.
• Concentrated Control: 100% ownership and voting rights held by a single individual, Mr. Atanas Yuriev Petkov, could pose governance risks and limit checks and balances.

3. Positive Indicators:

• Strong Liquidity Position: Current assets (£94,727) significantly exceed current liabilities (£13,166) as of 31 March 2024, resulting in net current assets of £81,561, indicating good short-term liquidity.
• Growing Net Assets: Net assets increased from £54,426 in 2023 to £81,561 in 2024, suggesting retained earnings or capital injections supporting solvency.
• Up-to-Date Filings: No overdue accounts or confirmation statements, reflecting sound regulatory compliance and governance discipline.
• Stable Workforce: Consistent employee count (4) demonstrates operational continuity.

4. Due Diligence Notes:

• Review Detailed Profit and Loss Data: The provided summary focuses on balance sheet figures; obtaining detailed income statements could clarify profitability and cash flow adequacy.
• Assess Contract Pipeline: For a construction company, understanding the order book or contract backlog is vital to evaluate future revenue stability.
• Examine Director Background and Related Party Transactions: Given the sole director and shareholder structure, investigation into any related party dealings or conflicts of interest is prudent.
• Verify Insurance and Licensing Compliance: Construction activities require adherence to specific regulatory and safety standards; confirming these is important for risk assessment.
• Monitor Growth Strategy: Understanding plans for scaling beyond micro-entity status could impact future risk profiles.