YORK HOUSING LTD

Executive Summary

York Housing Ltd, a micro-entity established in 2021, maintains modest but improving net assets and complies with regulatory filings, suggesting low immediate financial risk. However, its limited scale, lack of employees, and exemption from audit warrant further inquiry into operational sustainability and asset quality. Overall, it presents as a low-risk entity with minimal complexity but limited financial depth.

YORK HOUSING LTD - Analysis Report

Company Number: 13630567

Analysis Date: 2025-07-29 18:56 UTC

1. Risk Rating: LOW

The company shows modest but positive net current assets and shareholders' funds that have improved over the reported years, indicating a stable financial position for its size. No overdue filings or indications of financial distress are present. Its micro-entity reporting status and absence of employees suggest a simple operational structure with low operational complexity and risk.

2. Key Concerns:

• Very limited asset base and working capital (£1,694 net current assets as of 2024) which may constrain operational flexibility and ability to absorb unexpected costs.
• Absence of employees and minimal business scale could limit growth prospects and raise questions about operational sustainability if reliant on external service providers.
• Lack of audit due to micro-entity exemption reduces external financial scrutiny, which may increase risk of undetected issues.

3. Positive Indicators:

• Consistent improvement in net current assets and shareholders funds over the reported period, doubling from £789 in 2023 to £1,694 in 2024.
• Compliance with filing deadlines for accounts and confirmation statements, indicating sound governance and regulatory compliance.
• No signs of liquidation, administration, or director disqualification, supporting operational stability.

4. Due Diligence Notes:

• Verify the nature and reliability of cash or current assets reported (£5,585 in 2024) to confirm liquidity.
• Understand the company’s actual business operations given zero employees and micro category status—whether it is a holding or management entity rather than an active operator.
• Investigate any off-balance sheet obligations or contingent liabilities not disclosed in the micro-entity accounts.
• Assess director background and any related party transactions given the small scale and limited disclosure.