ADRIAN STONE SOLUTIONS LTD

Executive Summary

ADRIAN STONE SOLUTIONS LTD is a small, micro-entity company with a positive net asset base and compliant filing status, indicating low immediate solvency risk. However, the marked decline in net assets and current assets over the latest year warrants further investigation to understand underlying causes and ensure ongoing operational and financial stability. Overall, the company appears solvent but limited in scale and resources, suggesting moderate operational risk.

ADRIAN STONE SOLUTIONS LTD - Analysis Report

Company Number: 12662504

Analysis Date: 2025-07-20 16:17 UTC

1. Risk Rating: LOW
   The company shows a positive net asset position and healthy net current assets in the most recent financial year. It is compliant with filing deadlines and has no indication of insolvency or liquidation. The micro-entity reporting framework limits data granularity but available figures suggest financial stability.

2. Key Concerns:

• Declining net assets: Net assets decreased from £23,745 in 2023 to £12,377 in 2024, nearly halving within one year, which may indicate operational or financial challenges.
• Decreasing current assets and cash: Current assets dropped from £31,897 to £15,676, and cash balances are not disclosed for 2024 but were low previously, signaling potential liquidity tightening.
• Limited scale and capital: Share capital is minimal (£100), and as a micro-entity with only 2 employees, operational scale and resource base are limited, which may impact sustainability and resilience.

3. Positive Indicators:

• Positive net current assets: At £12,377, this indicates the company can cover its short-term liabilities comfortably.
• Compliance with filings: Accounts and confirmation statements are up to date, demonstrating good governance and regulatory compliance.
• Sole controlling shareholder and director: Clear control by Mr. Adrian Pughiuc may facilitate swift decision-making and operational oversight.

4. Due Diligence Notes:

• Investigate reasons behind the significant reduction in net assets and current assets between 2023 and 2024, including any impairments, losses, or changes in business operations.
• Review cash flow statements and debtor collections to assess liquidity management and the quality of receivables.
• Assess the business model and revenue generation capacity given the small scale and limited capital base.
• Confirm absence of any contingent liabilities or off-balance sheet obligations not visible in abridged accounts.
• Validate director’s provenance and any potential related party transactions given sole control.