ADB TECHNOLOGIES LTD
Company number 13821026 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
ADB TECHNOLOGIES LTD - Analysis Report
Company Number: 13821026
Analysis Date: 2025-07-29 15:07 UTC
Risk Rating: LOW
ADB Technologies Ltd exhibits a solid net asset position with net assets increasing from £35,688 in 2021 to £53,618 in 2024. Current assets consistently exceed current liabilities, indicating good short-term liquidity. There are no overdue filings or signs of regulatory non-compliance.Key Concerns:
- The company is classified as a micro-entity with limited financial disclosure, restricting detailed insight into profitability and cash flow trends.
- Fixed assets have slightly declined over the period, which may warrant review regarding asset renewal or business investment strategy.
- Reliance on a single director who is also the sole person with significant control could pose governance risks if not properly managed.
- Positive Indicators:
- Strong net current assets consistently above £39k, improving to £45k in the latest year, suggest effective working capital management.
- No overdue statutory filings; accounts and confirmation statements are timely, demonstrating good regulatory compliance.
- The director’s responsibilities are clearly acknowledged, and accounts are prepared in accordance with relevant small company provisions.
- Due Diligence Notes:
- Investigate the company's revenue and profit trends as these are not disclosed in the micro-entity accounts.
- Confirm details around cash flow sufficiency to meet ongoing operational needs, given limited data on income statement and cash flow statements.
- Review governance arrangements given sole directorship and control by one individual, ensuring adequate oversight and risk management.
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