Company Number: 13377207

Analysis Date: 2025-07-20 18:05 UTC

1. Risk Rating: LOW

Justification: ACUPOWER LTD demonstrates a positive net asset position and net current assets that have improved substantially from £284 (2022) to £13,595 (2023), indicating an improving financial position. The company's filings are up to date with no overdue accounts or confirmation statements. The micro-entity status and absence of employees suggest a lean operation, reducing operational complexity and overhead risk.

2. Key Concerns:

• Limited Financial Detail: The company has filed micro-entity accounts, which omit profit and loss information, hindering full assessment of profitability and cash flows.
• Recent Director Appointments: Several directors were appointed recently (in 2025), which may warrant scrutiny regarding continuity of management and strategic direction.
• Minimal Share Capital: Share capital is nominal (£200), which may limit the company's ability to raise equity funds quickly if needed.

3. Positive Indicators:

• Strong Net Current Assets: A net current asset position of £14,795 as of the last accounts suggests the company can meet short-term liabilities comfortably.
• Up-to-date Compliance: No overdue filings or accounts, indicating good regulatory compliance and governance.
• Clear Ownership Structure: Two Persons with Significant Control each owning between 25-50% shares and voting rights improves transparency.

4. Due Diligence Notes:

• Obtain detailed profit and loss information or management accounts to assess profitability and cash flow trends.
• Review minutes or documentation regarding the recent director appointments to understand the rationale and any impact on business strategy.
• Investigate any related-party transactions or financial support given the low share capital base.
• Verify current operational activities and client base aligned with SIC codes (web portals, IT consultancy, software development).