WESTWARD LOOK HOLDCO LIMITED

Executive Summary

Westward Look Holdco Limited exhibits a low risk profile supported by a strong asset base and positive working capital. The company maintains good compliance standards and shows no immediate liquidity or solvency concerns. Attention should be directed towards understanding the recent capital re-organisation effects and ensuring the liquidity of receivables to confirm ongoing operational stability.

WESTWARD LOOK HOLDCO LIMITED - Analysis Report

Company Number: 13827586

Analysis Date: 2025-07-29 19:02 UTC

1. Risk Rating: LOW
   Westward Look Holdco Limited demonstrates a solid financial position with substantial asset backing, positive net current assets, and no overdue filings. The company operates in real estate investment and holding activities, a sector typically characterized by stable asset values. There are no red flags in governance or compliance, and the company appears well-managed with current directors in place and all statutory obligations met.

2. Key Concerns:

• Capital Re-organisation Impact: The significant capital re-organisation in 2024, involving asset transfer and subsidiary share cancellation, should be reviewed for any contingent liabilities or ongoing operational impacts.
• Limited Cash Reserves: Cash at bank is relatively low (£12,443) compared to total assets, though net current assets remain positive; the company’s liquidity is dependent on receivables and asset sales if needed.
• Minor Decline in Total Assets Less Current Liabilities: A slight decrease from £1,097k in 2023 to £1,054k in 2024 suggests asset valuation adjustments or liabilities increase, warranting monitoring.

3. Positive Indicators:

• Strong Asset Base: Fixed assets (primarily investment property) total approximately £998k, providing tangible value and collateral.
• Positive Net Current Assets: £55,989 net current assets indicate good short-term financial health and ability to cover current liabilities (£9,694).
• Good Compliance Record: Accounts and confirmation statements are filed on time with no overdue filings, reflecting sound governance.
• Experienced Management: Directors are established individuals with no reported disqualifications or governance issues.

4. Due Diligence Notes:

• Verify details and implications of the 2024 capital re-organisation, including subsidiary strike-off plans and any contingent liabilities transferred.
• Review the composition and collectability of current debtors (£53,240) to assess liquidity reliability.
• Confirm valuation methodology and assumptions for investment property given its dominant role in fixed assets.
• Examine any off-balance sheet obligations or related party transactions not disclosed in the summary.
• Assess ongoing operational plans post subsidiary cessation to understand business sustainability.