Declared assets could not be matched to registered property

Rule id: assetVerification · Version: 2026.06.12-v1

Microsoft Responsible AI Transparency artefact. One Model Card per ML signal RecoupIQ ships. Generated from lib/modules/intelligence/canonical-warning-adapters.ts, re-runnable with npx tsx scripts/responsible-ai/generate-model-cards.ts.

What this rule does

The latest filed accounts declare £1,200,000 of fixed assets, but almost none of that figure could be matched to UK property registered to this company at HM Land Registry. This is not an accusation, machinery, vehicles, fit-out, unregistered land and overseas property never appear on the land register, but it does mean the balance sheet's largest comfort line could not be independently verified against a public asset register.

When it fires

• Severity (when fired): Medium
• Confidence in detection (when fired): requires_verification

Severity is bounded by the magnitude observed. Confidence is bounded by the number of independent dimensions that agreed. The two are deliberately separate: a Medium warning at requires_verification confidence has very different triage weight from the same rule at confirmed confidence.

Inputs

Evidence the rule cites when it fires (illustrative, actual values vary per company):

• HM Land Registry CCOD × filed iXBRL accounts, Declared fixed assets: £1,200,000. Matched against the land register: 0 registered titles and no registered property with a recorded purchase price.

Known false-positive triggers

Documenting where the rule is most likely to mis-fire is a Responsible AI Transparency requirement. RecoupIQ surfaces these directly to buyers in the report panel so they triage informed.

• Plant, machinery, vehicles, IT and leasehold fit-out are genuine fixed assets that never touch the land register.
• Property held through a separate group company, a pension scheme (SIPP/SSAS), or overseas will not match this company's registration number.
• Recently purchased property can take months to appear in the published CCOD extract.

Recommended next steps

Before relying on the declared asset position, ask the company what the fixed assets actually are and where they sit, and request the fixed-asset note from the full accounts. If the assets are property held in another entity, your claim may not reach them.

Notes on language: this is process language only, review, verify, escalate. RecoupIQ does not give regulated financial advice ("do not pay", "refuse the contract") in any report. See lib/modules/intelligence/canonical-warning.ts for the validator that enforces this.

Intended use

• Pre-contract due diligence on a UK counterparty.
• Pre-credit-extension sizing for trade credit or invoice finance.
• Post-default forensic evidence pack (Practitioner Pack tier).
• Litigation / SBC adjudication evidence (Practitioner Pack Plus tier).
• M&A / investment diligence snapshot.

Out-of-scope use

• Not legal advice. Always consult a regulated insolvency practitioner, solicitor, or compliance professional before acting on a warning.
• Not a definitive determination of solvency, sanctions status, or director fitness. RecoupIQ reports on public-record signals; the registers themselves are the authoritative source.
• Not a credit score. The signals correlate with but do not predict insolvency probability in any calibrated sense.
• Not suitable as the sole basis for refusing service to a counterparty.

Data sources

Detailed lineage lives in the Methodology page linked at the top of this card. Source registers cited above are the immediate inputs.

Versioning + reproducibility

Reports stamp the rule id + version ([email protected]) in their footer. To reproduce an older report, pin the same version of lib/modules/intelligence/canonical-warning-adapters.ts from git and re-run the screen.

Right of reply

Subjects of any fired warning may submit a structured rebuttal via the Right-of-Reply endpoint linked from every report panel. RecoupIQ does not auto-suppress a warning based on rebuttal, but the rebuttal is recorded against the report and surfaced in any downstream version.