TS ROCK PROPERTIES LIMITED

Executive Summary

TS ROCK PROPERTIES LIMITED is a recently incorporated micro-entity with a concerning negative net asset and working capital position, indicating elevated solvency and liquidity risks. While compliant with filing requirements and possessing some fixed assets, the lack of operational scale and detailed financial data necessitates careful scrutiny before investment. Further due diligence on liabilities and business prospects is recommended to assess sustainability.

TS ROCK PROPERTIES LIMITED - Analysis Report

Company Number: SC779222

Analysis Date: 2025-07-20 14:59 UTC

1. Risk Rating: HIGH
   The company shows a negative net asset position (-£2,612) as of the latest accounts date, indicating solvency concerns. The current liabilities (£89,490) significantly exceed current assets (£1,878), resulting in a large negative working capital position (-£87,612), which poses liquidity risks.

2. Key Concerns:

• Negative Net Assets and Working Capital Deficit: The company’s liabilities exceed its assets, suggesting it may struggle to meet short-term obligations.
• No Employees and Early Stage: Incorporated in August 2023 with no employees reported, the business is in its infancy without operational scale or revenue history to support financial stability.
• Limited Financial Disclosure: As a micro-entity with minimal filing requirements, there is insufficient detail on income, cash flows, or contingent liabilities, limiting the ability to fully assess operational viability.

3. Positive Indicators:

• Timely Filing Compliance: The company has met all filing deadlines for accounts and confirmation statements, indicating good regulatory compliance.
• Clear Ownership and Management: Directors and persons with significant control are identified with no adverse records, simplifying governance oversight.
• Fixed Assets Presence: Ownership of £85,000 in fixed assets may provide some basis for collateral or operational use.

4. Due Diligence Notes:

• Investigate the nature and terms of the current liabilities to assess immediate solvency risk and creditor exposure.
• Clarify business model and revenue generation plans to understand how the company intends to improve liquidity and profitability.
• Review director backgrounds and any related party transactions given the small ownership base and early stage.
• Obtain any management accounts or cash flow forecasts not filed publicly for a more complete financial picture.