2 MAN DISPATCH HOLDINGS LIMITED

Executive Summary

2 Man Dispatch Holdings Limited demonstrates a low risk profile supported by solid net assets and compliance with filing requirements. However, the marked decline in current assets and director loan account movements merit further review to ensure ongoing liquidity and operational stability. Overall, the company appears solvent with a simple governance structure but warrants closer scrutiny of recent financial changes.

2 MAN DISPATCH HOLDINGS LIMITED - Analysis Report

Company Number: 13538784

Analysis Date: 2025-07-20 16:48 UTC

1. Risk Rating: LOW

The company exhibits strong net asset positions and current asset coverage relative to liabilities, with no overdue filings or indications of distress. The micro-entity status and exemption from audit are consistent with its size and do not inherently raise concerns.

2. Key Concerns:

• Sharp reduction in current assets from £73,292 (2023) to £47,096 (2024) — a 36% decline warrants investigation into cash flow or operational changes.
• Director loan account fluctuations: the director’s loan moved from a debtor balance of £12,248 at 2023 year-end to a negative balance of £158 by 2024 year-end, indicating repayments exceeding advances; this requires clarification for liquidity impact.
• Very limited scale of operations with only one employee (the director), potentially indicating operational dependency risk.

3. Positive Indicators:

• Positive net current assets in all years, with net assets consistently well above liabilities, demonstrating solvency.
• Up-to-date statutory filings with no overdue accounts or confirmation statements, reflecting good regulatory compliance.
• Ownership and control concentrated in a single director with substantial equity, simplifying governance and decision-making.

4. Due Diligence Notes:

• Examine the reason behind the significant decrease in current assets during the most recent financial year and its impact on liquidity.
• Confirm the nature and terms of the director loan account, especially the unusual repayment pattern and whether it affects cash availability.
• Review business model and revenue streams to assess sustainability given the micro-entity status and minimal staff.
• Verify absence of contingent liabilities or off-balance sheet obligations that could affect financial stability.