YORKSHIRE PROPERTY LETS LIMITED

Executive Summary

Yorkshire Property Lets Limited demonstrates strong balance sheet fundamentals with increasing net assets driven by property revaluation and minimal liabilities. Liquidity is stable but operating income is minimal, typical for a property holding entity. Credit approval is recommended with the caveat of monitoring cash flow generation and asset valuations to ensure ongoing financial resilience.

YORKSHIRE PROPERTY LETS LIMITED - Analysis Report

Company Number: 14186841

Analysis Date: 2025-07-29 14:28 UTC

1. Credit Opinion: APPROVE
   Yorkshire Property Lets Limited shows a solid equity base with no external borrowings reported, indicating low leverage and minimal credit risk at present. The company operates in the real estate sector, holding property assets valued at £240,000, with steady asset growth and positive net current assets. Although turnover is nominal (£867 in 2023), this is typical for a property holding company that may derive income from rental or capital appreciation rather than sales revenue. Absence of debt and positive shareholder funds support credit approval, assuming credit facility requests align with current asset levels.

2. Financial Strength:
   The balance sheet is strong for the company’s size and stage, with net assets increasing from £219,000 to £250,000 over the last year, driven by a revaluation uplift in fixed assets (£20,000). Fixed assets represent the vast majority of total assets (96%), reflecting the company’s focus on property ownership. Current assets are limited (£10,000 cash), but current liabilities are negligible, resulting in positive working capital. No external debt or contingent liabilities were noted.

3. Cash Flow Assessment:
   Liquidity is adequate with £10,000 cash available as of June 2024 and no current liabilities. The company has maintained a positive net current asset position, indicating sufficient short-term liquidity to meet immediate obligations. However, cash flow from operations is not disclosed and turnover is minimal, so the company may rely on capital or shareholder funds for operating expenses. The small employee base (2 staff) suggests limited operating complexity and cost structure.

4. Monitoring Points:

• Monitor rental income or cash inflows to confirm sustainability of operating cash flows.
• Watch for any new debt or liabilities which could impact liquidity.
• Track property valuations periodically to assess potential asset impairments or gains.
• Review turnover trends for signs of business activity growth or decline.
• Confirm timely filing of accounts and confirmation statements to maintain regulatory compliance.