ALTEK GROUP LTD
Company number 12697838 · 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.
ALTEK GROUP LTD - Analysis Report
Company Number: 12697838
Analysis Date: 2025-07-20 11:13 UTC
Risk Rating: LOW
The company exhibits a small but positive net asset position with no overdue filings and no indication of financial distress. The incremental increase in net assets over recent years suggests stability within a micro-entity scale.Key Concerns:
- Very limited scale of operations and financial resources, with net assets under £1,000, which limits financial flexibility.
- Minimal share capital of £100, potentially restricting capital buffer against unforeseen liabilities.
- Single employee operation, which may present operational risk if key personnel issues arise.
- Positive Indicators:
- Consistent positive net current assets and net asset position from 2021 through 2024, showing an improving trend.
- No overdue statutory filings or compliance issues noted, indicating good governance practices.
- Active status with stable director appointment since incorporation, suggesting continuity in management.
- Due Diligence Notes:
- Verify the nature and sustainability of revenue streams given the very low turnover and asset base.
- Investigate any contingent liabilities or off-balance sheet obligations not disclosed in the accounts.
- Review director’s capacity and plans for business growth or capital injection to support operational scalability.
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