Company Number: SC681123

Analysis Date: 2025-07-29 20:41 UTC

1. Risk Rating: LOW

Justification: Woodside Property Ltd demonstrates solid solvency with net assets of £300,356 as of 30 November 2023, an improvement from £246,312 in 2022. The company has positive net current assets (£46,336) and a significant cash balance (£201,482), indicating strong liquidity. There are no overdue filings or indications of governance issues.

2. Key Concerns:

• Related Party Liabilities: A substantial portion (£127,480) of current liabilities are amounts owed to related parties, which may pose a risk if these liabilities are not managed prudently.
• No Employees: The company reports no employees, which raises questions about operational capacity and sustainability unless it is a holding or management entity.
• Limited Revenue Disclosure: The accounts do not disclose turnover or profit and loss details, limiting insight into operational performance and cash flow generation.

3. Positive Indicators:

• Strong Net Asset Position: Net assets and shareholder funds have increased year-on-year, reflecting retained earnings and financial stability.
• Healthy Liquidity: Current assets exceed current liabilities with a strong cash position, suggesting the company can meet short-term obligations comfortably.
• Timely Compliance: The company has filed accounts and confirmation statements on time, indicating good regulatory compliance.

4. Due Diligence Notes:

• Investigate the nature and terms of the related party balances to assess associated risks and any contingent liabilities.
• Review the company’s business model and revenue streams given the absence of employees and limited financial disclosure.
• Confirm the sustainability of operations and whether the company relies on external support or financing.
• Assess potential tax liabilities or deferred tax issues not explicitly detailed in the accounts.
• Clarify the impact of the SIC codes (real estate management, factoring, holiday accommodation) on business operations and risk exposure.