TS STRUCTURAL LTD

Executive Summary

TS STRUCTURAL LTD is a micro-entity engaged in engineering consulting with a stable solvency position but a notable reduction in liquidity in the latest year. While regulatory compliance appears satisfactory, the company’s small scale and concentrated ownership warrant careful monitoring. Further analysis of cash flow and operational resilience is recommended to fully assess risk exposure.

TS STRUCTURAL LTD - Analysis Report

Company Number: SC728216

Analysis Date: 2025-07-29 15:34 UTC

1. Risk Rating: MEDIUM
   TS STRUCTURAL LTD shows modest net assets and positive working capital, but a significant decline in current assets between 2024 and 2025 raises concerns about liquidity. The company remains a micro-entity with minimal fixed assets and only one employee, potentially limiting operational resilience. No overdue filings or liquidation status mitigate regulatory concerns.

2. Key Concerns:

• Liquidity decline: Current assets decreased from £11,639 in 2024 to £6,445 in 2025 while current liabilities remained relatively steady, reducing net current assets by more than half. This could signal cash flow pressure.
• Limited scale and resources: The company remains very small with only one employee and minimal fixed assets, which may constrain the ability to absorb shocks or scale operations.
• Concentrated control: One individual holds 75-100% of shares and voting rights, which may present governance risks especially if succession or oversight is limited.

3. Positive Indicators:

• Positive net assets and working capital in all reported years indicate the company is solvent on a balance sheet basis.
• Up-to-date filings with Companies House and no overdue confirmations or accounts suggest good compliance and governance standards.
• The company’s industry classification (engineering-related consulting) often allows for flexible cost structures and niche market opportunities.

4. Due Diligence Notes:

• Investigate reasons for the sharp decrease in current assets from 2024 to 2025 and assess ongoing cash flow and receivables quality.
• Review operational dependency on the single employee and director, including contingency plans for management continuity.
• Consider requesting management accounts or cash flow forecasts to better understand short-term liquidity and operational sustainability.
• Confirm any related party transactions or loans given the concentrated ownership.