10G NETWORKS LIMITED

Executive Summary

10G Networks Limited is a recently incorporated micro-entity with a weak financial position characterized by negative working capital and shareholders’ funds. While regulatory compliance is up to date and management control is consolidated, the company’s current financial health poses significant solvency and liquidity risks. Further investigation into cash flows and operational plans is recommended before considering investment.

10G NETWORKS LIMITED - Analysis Report

Company Number: 14525839

Analysis Date: 2025-07-20 13:58 UTC

1. Risk Rating: HIGH
   The company exhibits a weak financial position with negative net current assets and shareholders' funds, indicating potential solvency and liquidity issues for a business incorporated less than two years ago.

2. Key Concerns:

• Negative Working Capital: Net current assets stand at -£7,607, meaning current liabilities exceed current assets, which may signal liquidity difficulties in meeting short-term obligations.
• Negative Shareholders’ Funds: Shareholders’ funds are negative at -£6,870, indicating the company’s liabilities exceed its assets and it is technically insolvent on a balance sheet basis.
• Early Stage with Limited Financial History: Incorporated in December 2022, the company’s financial track record is limited to just over one year, restricting the ability to assess operational stability or profitability trends.

3. Positive Indicators:

• Compliance with Filing Obligations: The company is current with its accounts and confirmation statement filings, indicating good regulatory compliance and governance in this area.
• Limited Overheads: The company operates with an average of two employees, suggesting a lean cost base.
• Full Control by a Single PSC: Gregory Howard Press controls 75-100% of shares and voting rights, which may facilitate decisive management and capital injections if necessary.

4. Due Diligence Notes:

• Review detailed cash flow statements and bank balances to assess liquidity beyond the balance sheet snapshot.
• Investigate the nature of current liabilities to understand timing and risk of default.
• Examine the business model and revenue generation plans given the negative net assets and early stage of operation.
• Confirm absence of director disqualifications or adverse regulatory actions for key persons.
• Explore any contingent liabilities or off-balance sheet commitments.