THE CENTRICORE GROUP LIMITED

Executive Summary

The Centricore Group Limited is an active private holding company with current financial statements showing a notable decline in working capital and equity in 2023, raising moderate solvency and liquidity concerns. However, it maintains good regulatory compliance and a stable asset base. Further investigation into its liabilities and subsidiary performance is recommended to assess operational sustainability and risk exposure.

THE CENTRICORE GROUP LIMITED - Analysis Report

Company Number: 12783615

Analysis Date: 2025-07-29 16:28 UTC

1. Risk Rating: MEDIUM
   The Centricore Group Limited shows a moderate risk profile. The company is solvent on a balance sheet basis but has experienced a significant reduction in net current assets and shareholders’ funds in the most recent year, which may indicate emerging financial stress or operational challenges.

2. Key Concerns:

• Decline in Net Current Assets and Shareholders’ Funds: Net current assets decreased from £27,307 in 2022 to £10,217 in 2023, and shareholders’ funds similarly dropped from £31,834 to £13,862, signaling a weakening financial position.
• Increase in Current Liabilities: Current liabilities rose sharply from £1,541 in 2022 to £17,663 in 2023, which could pressure liquidity if not managed carefully.
• No Employees and Limited Operational Detail: The company reported zero employees, suggesting minimal direct operational activity. As a holding company, its financial health depends heavily on its subsidiaries, increasing risk if those subsidiaries face difficulties.

3. Positive Indicators:

• Timely Filings and Compliance: The company has filed accounts and confirmation statements on time with no overdue filings, indicating good regulatory compliance.
• Ownership and Control Transparency: Mr. D A Parker is identified as the ultimate controlling party, with no disqualifications or governance concerns noted.
• Stable Fixed Asset and Investment Base: Fixed assets and investments remain relatively stable, suggesting controlled asset management.

4. Due Diligence Notes:

• Investigate the reasons behind the large increase in current liabilities in 2023 and assess the company’s ability to meet these obligations.
• Review the financial health and performance of the subsidiary (Centricore Group Limited) which owes the company £27,880, to evaluate counterparty risk.
• Clarify the nature of the company’s business activities and revenue streams given the absence of employees and the holding company classification.
• Assess cash flow statements and any intercompany transactions to understand liquidity dynamics more fully.