ADEPTS GROUP LIMITED

Executive Summary

ADEPTS GROUP LIMITED exhibits significant financial deterioration between 2022 and 2023, with net assets declining to zero and no assets or liabilities reported in the latest accounts. While regulatory compliance is maintained, the lack of financial substance and operational indicators raises high solvency and liquidity risks. Further investigation is essential to clarify current business activity and financial health before considering investment.

ADEPTS GROUP LIMITED - Analysis Report

Company Number: 13800330

Analysis Date: 2025-07-29 15:44 UTC

1. Risk Rating: HIGH
   The company shows a complete loss of net assets from £22,117 in 2022 to zero in 2023, with no reported current or fixed assets and no liabilities, indicating extremely limited or ceased trading activity. The absence of assets and liabilities alongside zero shareholders’ funds suggests a critical deterioration in financial position and potential cessation of business operations.

2. Key Concerns:

• Financial Deterioration: Net assets have gone from positive (£22,117 in 2022) to zero in 2023, with no current or fixed assets reported, raising concerns about solvency and ongoing viability.
• Operational Activity: The micro-entity accounts report only one employee, no tangible assets, and no liabilities, which is unusual for an operating business and could indicate halted operations or inactivity.
• Limited Disclosure: The accounts are prepared under micro-entity exemptions with minimal detail, limiting visibility into financial performance, cash flows, and commitments, which impedes thorough risk assessment.

3. Positive Indicators:

• Compliance: The company is active with all statutory filings (accounts and confirmation statements) up to date and not overdue, reflecting compliance with regulatory requirements.
• Clear Control Structure: Ownership and control are consolidated under a single individual with full voting rights and director appointment powers, which can streamline decision-making.
• No Indication of Insolvency Proceedings: The company is not in liquidation, administration, or receivership, suggesting no formal insolvency processes initiated to date.

4. Due Diligence Notes:

• Investigate the cause of the loss of net assets and whether this reflects trading cessation, asset disposals, or write-offs.
• Request management accounts or cash flow statements post-2023 to assess current liquidity and operational status.
• Verify whether the company has any contingent liabilities or off-balance-sheet obligations not reflected in the micro-entity accounts.
• Confirm the nature and extent of business activity during 2023, given the absence of reported assets and liabilities.
• Review director’s narrative or correspondence for plans regarding future trading, restructuring, or dissolution.