3D RIGGING LTD

Executive Summary

3D RIGGING LTD presents a low risk profile based on its improving net asset base, strong liquidity, and compliance with filing requirements. However, the small scale and sole director ownership suggest operational and governance risks that warrant further review. Overall, the company appears financially stable but requires deeper analysis of revenue streams and cash flows to confirm sustainability.

3D RIGGING LTD - Analysis Report

Company Number: 13545903

Analysis Date: 2025-07-29 19:01 UTC

1. Risk Rating: LOW
   The company demonstrates a strong and improving net asset position over four years, healthy net current assets, and no overdue filings, indicating good solvency and compliance.

2. Key Concerns:

• Limited scale: The company is micro-entity sized with only one employee, which may imply limited operational capacity and resilience.
• Concentrated control and management: The sole director and 100% shareholder is the same individual, posing potential governance risks due to lack of diversification in management.
• Industry risk: The film processing sector can be volatile and dependent on project-based work, potentially affecting revenue consistency (though financial data on turnover is absent).

3. Positive Indicators:

• Consistent growth in net assets from £29,460 in 2021 to £77,856 in 2024, reflecting retained earnings or capital injections.
• Strong liquidity position with net current assets significantly exceeding current liabilities (£65,856 vs. £22,760 in 2024).
• Timely filing of accounts and confirmation statements, demonstrating regulatory compliance.
• Stable fixed asset base (£12,000) with no impairment indicated, suggesting asset stability.

4. Due Diligence Notes:

• Verify the company's revenue and profit trends to confirm the source of net asset growth and operational sustainability.
• Assess cash flow statements if available to confirm liquidity beyond balance sheet figures.
• Investigate client base and contract stability given the niche film processing SIC code.
• Review director’s background and potential related party transactions due to single director/shareholder setup.
• Confirm no contingent liabilities or off-balance-sheet obligations exist.