WINNA PROPERTY LTD

Executive Summary

WINNA PROPERTY LTD is currently in a financially fragile position with negative net assets driven by substantial debt exceeding cash and current assets. While the company owns a tangible real estate asset and maintains regulatory compliance, its lack of operating activity and high leverage present significant solvency risks. Further due diligence on financing terms and business strategy is essential before considering investment.

WINNA PROPERTY LTD - Analysis Report

Company Number: 13952400

Analysis Date: 2025-07-20 15:00 UTC

1. Risk Rating: HIGH
   WINNA PROPERTY LTD shows significant solvency risk, with negative net assets and shareholders' funds as of the latest accounts. The company has substantial liabilities exceeding its current assets, indicating potential difficulties meeting short-term obligations.

2. Key Concerns:

• Negative Net Assets: The company reported net liabilities of £1,122 at year-end 31 March 2024, reflecting insolvency on a balance sheet basis.
• High Debt Levels: Total creditors include £116,738 in bank loans and £49,683 in director loans, far exceeding cash and current assets.
• Lack of Operating Revenue and Employees: No employees and minimal cash balances suggest limited operational activity and reliance on capital injections or loans.

3. Positive Indicators:

• Property Asset: The company acquired tangible fixed assets (land and buildings) valued at £163,019, which may represent collateral or investment potential.
• Compliance: All statutory filings including accounts and confirmation statements are up to date with no overdue notices, demonstrating regulatory compliance.
• Sole Director and PSC: Clear ownership and management structure with one director controlling 75-100% of shares, simplifying governance and decision-making.

4. Due Diligence Notes:

• Investigate the nature and terms of the bank loans and director loans to assess repayment schedules, interest rates, and security.
• Obtain profit and loss accounts or trading statements to evaluate if the company generates revenue or relies solely on financing.
• Clarify the business plan and strategy regarding the real estate assets and how the company intends to improve liquidity and solvency.
• Assess any contingent liabilities or off-balance sheet obligations not disclosed in the accounts.
• Confirm the valuation and ownership status of the land and buildings, including any encumbrances.