ACODEXT LTD

Executive Summary

ACODEXT LTD is a micro private limited company operating in management consultancy, showing a stable but very small financial position with positive net assets and cash reserves. The company maintains good regulatory compliance with timely filings and no overdue obligations. However, limited operational scale, absence of employees, and incomplete financial disclosures warrant further due diligence to confirm sustainability and business viability.

ACODEXT LTD - Analysis Report

Company Number: 14070364

Analysis Date: 2025-07-29 17:00 UTC

1. Risk Rating: LOW
   The company exhibits a stable financial position with positive net assets and net current assets, no overdue filings, and no indication of insolvency or pending liquidation. The director has full control, and the company has filed accounts on time, indicating regulatory compliance.

2. Key Concerns:

• Very small scale of operations: Net assets are modest (£1,925), and the company has no employees, suggesting limited operational scale and potential dependence on the sole director or external contractors.
• Low fixed asset base and no additions: Fixed assets are minimal and depreciating, which may reflect limited investment in infrastructure or technology relevant to its consultancy activities.
• Lack of detailed income statement and profitability data: The abridged accounts omit profit and loss details, preventing assessment of operational performance and cash flow sustainability.

3. Positive Indicators:

• Positive net current assets (£1,116) and net assets (£1,925) indicate the company’s current liabilities are covered by current assets, reducing immediate solvency risk.
• No overdue accounts or confirmation statement filings, demonstrating good regulatory compliance and governance.
• Ownership and directorship consolidated under a single individual, simplifying control and decision-making processes.
• Cash balance increased substantially in the latest year (£13,885 vs £6,651), which may indicate improving liquidity.

4. Due Diligence Notes:

• Obtain full profit and loss statements and cash flow data to evaluate revenue generation, profitability, and operational sustainability.
• Review contractual arrangements and client base to assess business continuity risk given no employees and small asset base.
• Confirm the nature and extent of fixed assets and any planned capital expenditure to support growth or service delivery.
• Investigate the director’s background and capacity to sustain business operations given sole control and absence of staff.
• Validate that all tax obligations, including corporation tax and VAT, are up to date given limited disclosure.