WILLIS PERFORMANCE AND INVESTMENT LTD

Executive Summary

Willis Performance and Investment Ltd demonstrates significant financial distress characterized by persistent negative net assets and a substantial working capital deficit. While regulatory filings are current and ownership is clear, the company’s limited scale and liquidity concerns present a high risk profile. Further due diligence on asset quality, cash flows, and operational viability is advised before considering any investment.

WILLIS PERFORMANCE AND INVESTMENT LTD - Analysis Report

Company Number: 14096121

Analysis Date: 2025-07-29 14:27 UTC

1. Risk Rating: HIGH

Justification: The company exhibits persistent negative net assets and net current liabilities over multiple years, indicating a weak financial position and potential solvency risk. The micro-entity scale and limited operating history further constrain assessment but do not mitigate the evident financial distress.

2. Key Concerns:

• Negative Net Assets: The company reported net liabilities of £7,266 as of 31 May 2024, an improvement from £9,903 in prior years but still negative, signaling that liabilities exceed assets.
• Working Capital Deficit: Current liabilities (£49,058) significantly exceed current assets (£4,225), resulting in a net current liability of £44,833, which suggests liquidity challenges to meet short-term obligations.
• Limited Operational Scale: With only one employee and micro-entity status, the company’s operational capacity and diversification are minimal, potentially increasing vulnerability to market or business disruptions.

3. Positive Indicators:

• No Overdue Filing Obligations: The company’s accounts and confirmation statements are up to date, indicating regulatory compliance and governance discipline.
• Ownership and Control Concentration: The sole director and 75-100% shareholder, Mr. Martyn Robert Willis, provides clear accountability and potentially streamlined decision-making.
• Stable Fixed Assets: The fixed assets have remained constant at £37,926 over the reported financial years, suggesting some tangible asset base.

4. Due Diligence Notes:

• Investigate the nature and valuation of fixed assets to assess their liquidity and realizable value under distress.
• Review the company’s cash flow statements and short-term funding arrangements to evaluate how it manages liquidity gaps.
• Examine the business model and revenue generation capacity, given the SIC classifications and limited employee count, to understand operational sustainability.
• Clarify the reason behind the company name change in 2023 and whether it aligns with any strategic restructuring.
• Confirm whether there are any contingent liabilities or off-balance-sheet risks not reflected in the micro-entity accounts.
• Consider director’s background and financial support given the concentrated ownership.