TEG PROJECTS LTD

Executive Summary

TEG PROJECTS LTD shows a solid financial foundation with strong liquidity and net asset growth, supported by timely filings and regulatory compliance. However, the company’s small scale and governance concentration warrant further scrutiny of profit stability and operational risks. Overall, current data suggests low financial risk but limited transparency calls for additional due diligence.

TEG PROJECTS LTD - Analysis Report

Company Number: 13130057

Analysis Date: 2025-07-20 13:01 UTC

1. Risk Rating: LOW
   TEG PROJECTS LTD demonstrates a strong liquidity position and solid net asset growth over recent years. The absence of overdue filings and the presence of a sole director with majority control also support operational stability.

2. Key Concerns:

• Reliance on a single director and controlling shareholder, which can present governance concentration risk.
• Limited scale of operations as indicated by small employee count (2 employees) and micro/small company filing status, which may limit resilience.
• Lack of audit and abridged accounts filing means less transparency into detailed profit and loss and cash flow metrics.

3. Positive Indicators:

• Consistent growth in net assets from £97,574 (2021) to £372,294 (2024), indicating increasing equity and retained earnings.
• Strong liquidity with cash balances rising to £400,352 in 2024 against current liabilities of £111,202, showing comfortable coverage of short-term obligations.
• Timely filing of accounts and confirmation statements, indicating good regulatory compliance.
• Positive net current assets each year demonstrating working capital strength.

4. Due Diligence Notes:

• Review the underlying profit and loss accounts and cash flow statements (not filed publicly) to assess profitability trends and cash generation quality.
• Investigate the nature of the company’s contracts or client base given its industry classification (painting) and relatively small asset base.
• Confirm no contingent liabilities or off-balance sheet risks exist, as abridged accounts can omit such disclosures.
• Clarify the director’s plans for succession or additional governance controls to mitigate concentration risk.