ZEX PROPERTIES LIMITED

Executive Summary

ZEX PROPERTIES LIMITED demonstrates moderate financial stability with a consistent asset base but is leveraged through substantial long-term liabilities. The company maintains good regulatory compliance but lacks operational data and has tight liquidity, which warrants further investigation into creditor terms and cash flow generation. Overall, the business appears solvent but requires monitoring of its debt servicing capacity and income streams.

ZEX PROPERTIES LIMITED - Analysis Report

Company Number: 12524689

Analysis Date: 2025-07-29 16:28 UTC

1. Risk Rating: MEDIUM
   The company shows a stable asset base but has significant long-term liabilities relative to net assets, which suggests moderate solvency risk. The small equity base and the nature of its fixed assets require close monitoring.

2. Key Concerns:

• High long-term creditors (£278,000) compared to net assets (£46,516) indicate leverage that could pressure cash flow and solvency if income streams falter.
• Current liabilities are relatively large versus current assets, although net current assets remain positive; this tight liquidity position could cause strain if working capital needs increase.
• No employees and minimal operational data limit insight into business sustainability and revenue generation capabilities.

3. Positive Indicators:

• The company is compliant with filing deadlines for both accounts and confirmation statements, evidencing good regulatory governance.
• The fixed asset value remains steady, showing no impairment or disposals, suggesting asset preservation.
• Shareholder control is concentrated with a single director and owner, which may facilitate quick decision-making and strategic alignment.

4. Due Diligence Notes:

• Clarify the nature and terms of the £278,000 creditors falling due after more than one year to assess refinancing risk and repayment schedule.
• Obtain income statement or cash flow details (not filed under micro-entity regime) to evaluate profitability and operational cash flow.
• Investigate tenant or revenue sources linked to the fixed property assets to understand business sustainability.