THE OLD STACKYARD LTD

Executive Summary

The Old Stackyard Ltd is a micro-entity private company limited by guarantee with improving net assets and a clean regulatory compliance record. While financial indicators suggest low solvency and liquidity risk, the limited operational scale and governance structure warrant further review. Overall, the company presents a low risk profile based on available data but requires due diligence on operational sustainability and governance.

THE OLD STACKYARD LTD - Analysis Report

Company Number: 12690603

Analysis Date: 2025-07-29 12:08 UTC

1. Risk Rating: LOW

Justification: The company demonstrates positive net assets and net current assets as of the latest financial year, no overdue filings, and a stable director profile. Being a micro-entity limited by guarantee with no employees and modest asset base limits operational complexity and financial risk.

2. Key Concerns:

• Limited scale of operations as indicated by lack of employees and minimal current assets, which may constrain growth or operational flexibility.
• The company is limited by guarantee without share capital, which can affect capital raising options and may limit external investor appeal.
• The principal controlling individual (Mr Jeremy William Goddard) owns 75-100% of voting rights but resigned as director in 2021, raising questions about governance continuity and decision-making authority.

3. Positive Indicators:

• Consistent improvement in net assets from negative in 2020 and 2021 to positive £4,124 in 2025, showing financial recovery.
• No current liabilities reported in the latest year, indicating good short-term solvency and no impending creditor pressure.
• Up-to-date statutory filings including accounts and confirmation statements, demonstrating regulatory compliance.

4. Due Diligence Notes:

• Verify the nature of the company’s operations and revenue sources given the SIC code 98000 (residents property management) and absence of employees.
• Investigate the reason for the previous director's resignation and the current governance and decision-making structure, especially given the company is limited by guarantee.
• Review cash flow patterns and any contingent liabilities or guarantees given the small asset base and the company’s guarantee structure.