404 TESTING LTD
Company number SC814663 · 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.
404 TESTING LTD - Analysis Report
Company Number: SC814663
Analysis Date: 2025-07-19 12:06 UTC
Risk Rating: LOW
The company is newly incorporated (June 2024) and has filed compliant accounts on time with positive net assets and working capital. The micro-entity status reflects a very small scale but no immediate financial distress is evident.Key Concerns:
- Very limited operating history (less than one year), making it difficult to assess sustainability or operational trends.
- Small scale with only one employee and modest net assets (£4,642), which may limit ability to absorb shocks or scale operations.
- Sole director and 100% shareholder concentration could pose governance risks if the individual encounters difficulties.
- Positive Indicators:
- Filing deadlines for both accounts and confirmation statements are met, indicating good compliance and governance discipline.
- Positive net current assets and shareholders’ funds indicate the company is solvent at the balance sheet date with working capital buffer.
- The director’s occupation (software engineer) aligns with the company’s SIC code for software development, suggesting relevant expertise.
- Due Diligence Notes:
- Monitor future filings to assess revenue generation, profit trends, and cash flow development as the company matures.
- Review director’s plans for business growth, client acquisition, and capital funding to evaluate operational viability.
- Confirm no related party transactions or contingent liabilities that may not be visible in micro-entity accounts.
- Investigate the company’s business model and market positioning within software development for scalability and competitive risks.
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