TIM BOOTHMAN WELDING AND FABRICATION LIMITED

Executive Summary

Tim Boothman Welding And Fabrication Limited is a micro private limited company with a short trading history but showing improving net asset position and sound regulatory compliance. Its small scale and single director structure present operational risks, but liquidity and solvency indicators are currently positive. Further analysis of profit generation and cash flow would enhance understanding of its financial sustainability.

TIM BOOTHMAN WELDING AND FABRICATION LIMITED - Analysis Report

Company Number: 14041614

Analysis Date: 2025-07-29 13:33 UTC

1. Risk Rating: LOW
   The company demonstrates a positive net asset position with growing equity and no overdue filings, indicating sound solvency and compliance status given its micro-entity scale and short trading history.

2. Key Concerns:

• Limited Scale and Single Director Dependence: The company is a micro-entity with a single employee/director, which may present operational continuity risks.
• Modest Current Asset Base: Current assets have decreased compared to prior year, which may constrain liquidity despite positive net current assets.
• Lack of Audit and Limited Financial Disclosure: As a micro-entity, accounts are unaudited and limited in detail, restricting comprehensive risk assessment.

3. Positive Indicators:

• Consistent Growth in Net Assets: Net assets have increased from £3,497 in 2023 to £21,266 in 2024, reflecting likely profitability and capital injection.
• No Overdue Filings: Accounts and confirmation statements are up to date, evidencing good regulatory compliance and governance.
• Sufficient Working Capital: Net current assets remain positive at £5,036, supporting short-term liquidity.
• Clear Ownership and Control: One controlling shareholder/director simplifies governance and decision-making.

4. Due Diligence Notes:

• Review detailed profit and loss information, if available, to assess profitability trends and revenue stability.
• Verify cash flow sufficiency and debtor turnover given the decrease in current assets year-on-year.
• Assess dependence on the sole director for operational continuity and consider succession or management contingency plans.
• Investigate any related party transactions or capital contributions that may explain net asset growth.
• Confirm no director disqualifications or adverse conduct records beyond available data.