Company Number: 14787447

Analysis Date: 2025-07-20 17:36 UTC

1. Risk Rating: MEDIUM
   Justification: The company, ACCOUNTING TECHNIQ LIMITED, is very new (incorporated April 2023) and operates as a micro-entity with limited financial history. Its net assets are minimal (£100), turnover is modest (£41,688), and it reports a small profit (£275). These factors reflect a fragile financial position typical of a startup. While there are no overdue filings or insolvency indicators, the limited scale and minimal equity buffer expose the company to solvency and liquidity risks as it seeks to establish operational stability.

2. Key Concerns:

• Minimal Net Assets and Equity: Net assets and shareholders' funds stand at only £100, indicating very limited financial resilience against unexpected liabilities or downturns.
• Low Turnover and Profit Margins: Turnover of £41,688 with a nominal profit of £275 suggests constrained cash flow generation capacity and potential challenges scaling operations.
• Zero Reported Employees: The accounts show zero employees, raising questions about operational capacity and whether costs such as staff costs (£31,200) relate to contractors or director remuneration that may impact cash flow differently.

3. Positive Indicators:

• Compliance with Filing Requirements: No overdue accounts or confirmation statement filings, indicating good governance and regulatory compliance to date.
• Single Director Ownership: Ms. Anzelika Nnadi holds 75-100% ownership and is the sole director, simplifying decision-making and potentially enabling swift strategic actions.
• Profitability Despite Startup Phase: Achieving a small profit in the first accounting period is a positive signal of market acceptance and cost control, albeit modest.

4. Due Diligence Notes:

• Clarify the nature of staff costs and confirm whether these represent director remuneration, contractors, or outsourced services, and assess cash flow implications.
• Investigate cash flow and working capital management given minimal net assets and absence of reported current asset details.
• Review business model and client contracts supporting turnover to evaluate sustainability and growth prospects in temporary employment and consultancy sectors.
• Confirm absence of director disqualifications or adverse conduct records for Ms. Nnadi beyond the data provided.
• Verify any off-balance sheet liabilities or commitments not disclosed in the micro-entity accounts.