WEST END CAPITAL FINANCE BRIDGING LIMITED

Executive Summary

West End Capital Finance Bridging Limited exhibits significant financial deterioration from 2023 to 2024, with negative net assets and a sharp decline in receivables raising solvency and liquidity concerns. While the company remains compliant with filing requirements and maintains a going concern statement, the small scale and weakening financial position warrant careful further investigation before investment consideration. Close attention should be paid to the underlying causes of financial decline and potential parent company support.

WEST END CAPITAL FINANCE BRIDGING LIMITED - Analysis Report

Company Number: 12395535

Analysis Date: 2025-07-20 13:10 UTC

1. Risk Rating: HIGH
   The company shows a significant deterioration in financial position over the last two years, with net assets moving from a positive £266k in 2023 to a negative £1.4k in 2024. Current liabilities exceed current assets, indicating potential short-term liquidity issues. This raises concerns about the company’s ability to meet its obligations as they fall due.

2. Key Concerns:

• Negative Net Assets: The company’s net liabilities position in 2024 suggests erosion of shareholder equity and potential solvency risk.
• Sharp Decline in Debtors: Debtors have drastically decreased from £276k to £1k, which may indicate a loss of business or problems in collecting revenue.
• Minimal Share Capital & Small Scale: With only £1,000 share capital and an average of 2 employees, the company appears very small and potentially lacks operational scale or financial buffer.

3. Positive Indicators:

• Timely Filing: All accounts and confirmation statements are filed on time with no overdue filings, evidencing compliance with statutory requirements.
• Going Concern Assertion: Directors confirm they have reasonable expectation of continuing as a going concern, although this is not supported by the balance sheet position.
• Established Parent Company: The company has a parent (West End Capital Finance Limited) which could potentially provide support, though this is not confirmed in the data.

4. Due Diligence Notes:

• Investigate the cause of the dramatic drop in debtors and turnover between 2023 and 2024; review detailed revenue and cash flow statements.
• Clarify the nature of current liabilities and accrued expenses to assess timing and likelihood of settlement.
• Assess the operational relationship and financial support from the parent company, including any intra-group financing or guarantees.
• Review director and management background for any signs of governance or operational issues, particularly given recent director resignation.
• Confirm absence of contingent liabilities or off-balance-sheet obligations.