AKICORP SOLUTIONS LTD

Executive Summary

AKICORP SOLUTIONS LTD currently demonstrates minimal financial activity and net assets of £1, raising significant concerns regarding its solvency and liquidity. While statutory filings are up to date and no formal insolvency proceedings exist, the lack of operational financial data limits visibility into business viability. Further investigation into business activities and financial flow is essential for an informed risk assessment.

AKICORP SOLUTIONS LTD - Analysis Report

Company Number: 13104152

Analysis Date: 2025-07-29 15:06 UTC

1. Risk Rating: HIGH
   Justification: The company exhibits minimal to no financial activity with zero current assets, liabilities, cash, or debtors, and net assets of only £1 consistently over multiple years. There is no evidence of trading or operational income, raising serious concerns about its ability to meet obligations or sustain business operations.

2. Key Concerns:

• Lack of Financial Substance: Zero cash, no receivables, no payables, and net assets of merely £1 suggest the company is effectively dormant or inactive despite being classified as active. This raises solvency and liquidity red flags.
• No Profit and Loss Disclosure: The directors have opted not to file a profit and loss account, limiting transparency on operational performance and cash flow.
• Single Shareholder Control in Niger: The sole significant controller resides outside the UK (Niger), which may add complexity for governance, oversight, and regulatory compliance monitoring.

3. Positive Indicators:

• Current Compliance: The company is up to date with its statutory filings, including accounts and confirmation statements, indicating procedural compliance.
• No Overdue Filings or Liquidation Status: The company is not in liquidation or administration, and there are no overdue account submissions, suggesting compliance with Companies House requirements.
• Increasing Employee Count: Average employees increased from 1 to 3 in the latest year, which may indicate some operational activity beginning.

4. Due Diligence Notes:

• Investigate the nature of the company’s business operations given the SIC codes (advertising, IT consultancy, data processing) and reconcile with the absence of financial activity.
• Request management accounts or bank statements to verify cash flow and trading activity beyond statutory filings.
• Assess the background and involvement of the sole director/shareholder, including any cross-border regulatory considerations due to their Niger residence.
• Clarify the rationale and implications of not filing profit and loss accounts to understand operational sustainability.