AC WALKIN LTD

Executive Summary

AC Walkin Ltd is a newly formed private limited company with a healthy liquidity position and no overdue filings, reflecting low immediate financial risk. However, the lack of operational history and turnover data necessitates further investigation into business activities and future sustainability. Governance is concentrated in a single director-shareholder, which should be considered in risk assessments.

AC WALKIN LTD - Analysis Report

Company Number: 15025244

Analysis Date: 2025-07-29 12:57 UTC

1. Risk Rating: LOW
   The company is newly incorporated with a short operating history but presents a clean and straightforward financial position. The net current assets of £20,379, all derived from cash, indicate immediate liquidity to cover short-term liabilities. There are no overdue filings or indications of distress.

2. Key Concerns:

• Limited Operating History: The company has been active just over one year, so financial stability and operational sustainability remain unproven.
• Single Director and Shareholder: Governance and control are highly concentrated in one individual, which may increase risk around succession or decision-making.
• Absence of Turnover and Profit Data: No turnover or profit figures are reported, limiting insight into the company’s revenue-generating capability and operational performance.

3. Positive Indicators:

• Strong Liquidity Position: Cash balances exceed current liabilities, suggesting good short-term solvency.
• Up-to-Date Compliance: All statutory accounts and confirmation statements have been filed on time, indicating proper regulatory adherence.
• Simple Capital Structure: With only one share issued and full control by the director, the company structure is straightforward, reducing complexity in governance.

4. Due Diligence Notes:

• Verify Revenue Streams and Contractual Commitments: Given the SIC code 96090 (Other service activities not elsewhere classified) and absence of turnover data, clarify the nature and scale of business activities.
• Review Director’s Business Experience: As the sole director and significant controller, understanding the background and capacity of Mr. Ashley Clarke-Walkin is important.
• Monitor Financial Performance Going Forward: Request management accounts or forecasts to assess operational viability beyond the initial cash buffer and shareholder funds.