Company Number: 14415686

Analysis Date: 2025-07-29 16:17 UTC

1. Risk Rating: LOW
   AngelMage Consultancy Services Ltd demonstrates solid financial fundamentals with positive net assets, increasing working capital, and compliance with filing requirements. The company’s cash position and net current assets indicate an ability to meet short-term obligations, supporting a low solvency and liquidity risk profile.

2. Key Concerns:

• The company is relatively young (incorporated October 2022), which inherently limits historical financial performance data and long-term operational track record.
• Corporation tax creditor remains relatively high (£5,451 as of 2024 year-end) which warrants monitoring to ensure timely settlement.
• Directors’ loan account has increased from £120 to £513, indicating some reliance on director funding that should be reviewed for sustainability.

3. Positive Indicators:

• Consistent growth in net assets from £14,090 (2023) to £20,531 (2024), reflecting retained earnings accumulation and financial stability.
• Healthy net current assets of £19,932 with cash balances of £22,100 exceeding current liabilities, indicating strong liquidity.
• No overdue filings or compliance issues; accounts and confirmation statements are up to date, suggesting good governance and regulatory compliance.
• Directors and key persons hold clear and stable ownership stakes with no disqualifications noted.

4. Due Diligence Notes:

• Review details of the directors’ loan account to understand the nature, terms, and repayment plans to assess any contingent liabilities or funding risks.
• Monitor corporation tax payments and any deferred tax liabilities to ensure ongoing compliance and avoid potential cash flow strain.
• Investigate the revenue recognition policies and client concentration risks within the consultancy services to assess operational sustainability.
• Confirm absence of any undisclosed related-party transactions, given the directors’ dual roles as significant shareholders and operational directors.