KINTRELLA LIMITED
Company number NI620940 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Financial Health Score: D — Guarded / At Risk
The company is technically solvent and continues to trade, but its equity cushion is minimal. Net assets have been fixed at £2 across several reporting periods, and working capital is equally thin. This is comparable to a patient with a stable but very weak pulse: not in immediate collapse, but highly vulnerable to any shock.
Key Vital Signs
| Metric | Latest Figure | Interpretation |
|---|---|---|
| Net Assets | £2 (2025) | Extremely thin capital base; almost no buffer against losses. |
| Net Current Assets (Working Capital) | £2 | Current assets barely exceed current liabilities; little liquidity headroom. |
| Current Assets | £83,578 | Funded almost entirely by short-term creditors. |
| Current Liabilities | £83,576 | Short-term obligations nearly match total assets. |
| Shareholders’ Funds | £2 | Minimal owner investment retained in the business. |
| Cash | Last disclosed £1,267 (2022); historically as low as £4 | Cash reserves are minimal; cash is the oxygen of daily operations. |
| Filing Compliance | Up to date | Regulatory obligations are being met; no overdue filings. |
| Company Status | Active | Still trading; no insolvency proceedings. |
Symptoms Analysis
- Thin equity syndrome: Net assets have declined from £4 in earlier years to £3 in 2021 and £2 from 2022 through 2025. The business is not accumulating retained profits, which limits its ability to absorb future losses.
- Creditor dependency: Current assets of roughly £83,500 are offset by creditors due within one year of roughly £83,500. The company is effectively operating on a razor-thin margin between what it is owed and what it owes in the short term.
- Cash fragility: Historically reported cash balances have been very low. If clients delay payment or a debtor defaults, the company may lack the liquidity to meet immediate obligations.
- Stable pulse: Despite these pressures, the company remains active, accounts are filed on time, and it has traded continuously since incorporation in 2013.
Diagnosis
Kintrella Limited is in a condition of solvent but fragile financial health. On paper, assets exceed liabilities by £2, so it is not balance-sheet insolvent. However, the margin is so narrow that any overstatement of assets, unexpected liability, or delay in receiving payments could push the company into a negative net asset position. The business is surviving rather than building financial resilience.
Prognosis
The outlook is guarded. If the company continues to collect its receivables promptly and avoids unexpected costs, it can continue to trade. However, without profits being retained to rebuild reserves, a single adverse event—such as a bad debt or a sudden creditor demand—could threaten its viability. Long-term stability depends on converting current trading into sustainable surpluses.
Recommendations
- Build cash reserves: Treat retained profit as a priority. Even modest monthly surpluses can gradually strengthen the balance sheet.
- Tighten debtor management: Review credit control procedures to ensure invoices are issued and collected quickly, reducing reliance on short-term creditors.
- Prepare a short-term cash flow forecast: Given the thin working capital, a rolling 13-week cash flow view will help anticipate pressure points.
- Consider owner capital injection: The persons with significant control could inject additional funds to increase shareholders’ funds and provide a buffer.
- Review pricing and fees: Ensure real estate management fees fully cover costs and generate a margin sufficient for reinvestment.
- Maintain filing discipline: Continue submitting accounts and confirmation statements on time to avoid penalties and preserve good standing.