Company Number: SC697126

Analysis Date: 2025-07-29 20:02 UTC

1. Risk Rating: HIGH
   Achology Transactions Ltd exhibits a high risk profile primarily due to significant net current liabilities and negative net assets as of the most recent financial year end. The company’s ability to meet short-term obligations appears severely compromised.

2. Key Concerns:

• Solvency: The company reported net current liabilities of £5,549 and net assets of -£5,549 in 2023, a marked deterioration from positive net assets in prior years, indicating potential solvency issues.
• Liquidity: Cash at bank is minimal (£421) relative to current liabilities (£6,096), suggesting acute liquidity constraints and potential cash flow distress.
• Operational Stability: The company’s turnover recognition policy is stated, but no turnover figures or profitability data are provided, limiting visibility on operational performance. The increase in creditors and accrued liabilities in 2023 alongside a small employee base (3 employees) may indicate operational scaling issues or delayed payments.

3. Positive Indicators:

• Compliance: The company is up to date with its filings; accounts and confirmation statements are not overdue, indicating regulatory compliance and good governance practices in statutory obligations.
• Experienced Directors: Presence of two long-standing directors and a recently resigned director with no apparent disqualification or regulatory issues reported.
• Accountant Support: Use of a professional firm (EQ Accountants Limited) to prepare accounts may support accuracy and compliance.

4. Due Diligence Notes:

• Investigate the reasons behind the sharp deterioration in net assets and current liabilities increase from 2022 to 2023, including details of any loans, trade creditor extensions, or accruals.
• Obtain turnover and profit and loss data to assess business viability and operational cash flows, as accounts do not disclose income statement information.
• Clarify the nature and status of “Other creditors” (£4,163) and accrued liabilities (£1,100) to identify any contingent liabilities or overdue payments.
• Review cash flow forecasts and funding arrangements to evaluate short-term liquidity management.
• Confirm the relationship and financial support, if any, from the ultimate controlling party (Kairen Holdings Limited).