ANTWON LTD

Executive Summary

ANTWON LTD is a micro-entity private limited company showing deteriorating financial health, with negative net assets and working capital as of the latest accounts. While regulatory compliance is maintained, ongoing losses and minimal asset backing present significant solvency and liquidity risks. Further due diligence on funding arrangements, business viability, and creditor exposure is recommended before considering investment.

ANTWON LTD - Analysis Report

Company Number: 12813073

Analysis Date: 2025-07-29 13:33 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity concerns, with negative net assets and net current liabilities worsening in the most recent year. There is no indication of mitigating factors such as external financing or substantial fixed assets.

2. Key Concerns:

• Negative Net Assets and Working Capital: As of 31 August 2024, ANTWON LTD reports net assets of -£2,604 and net current liabilities of -£2,604, indicating the company’s liabilities exceed its assets and short-term obligations are not covered by current assets.
• Recurring Losses: The company posted a loss of £430 in the latest financial year following a loss of £539 the previous year, reflecting ongoing unprofitability.
• Minimal Share Capital and Resources: The share capital is nominal (£1), and fixed assets have dropped to zero, suggesting a lack of tangible asset backing or investment to support operations or creditor confidence.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is current with its accounts and confirmation statement filings, indicating regulatory compliance and no immediate governance red flags.
• Single Director with Full Control: The director, Mr Thomas Albert Clements, holds 75-100% ownership and voting rights and is actively engaged, which may facilitate swift decision-making.
• Micro Entity Status: The company benefits from simplified filing requirements, reducing administrative burdens and costs.

4. Due Diligence Notes:

• Investigate Cash Flow Arrangements: Clarify how the company is funding operations given negative working capital and absence of fixed assets. Review bank statements and any related-party transactions.
• Assess Business Model Sustainability: Review contracts, client base, and revenue streams to understand prospects for reversing losses and improving liquidity.
• Director’s Plans and Support: Ascertain if the sole director has plans or external support (e.g., loans, capital injections) to restore financial stability.
• Examine Creditors and Payment Terms: Identify the nature and age of current liabilities to assess risk of supplier pressure or legal action.
• Confirm No Undisclosed Contingent Liabilities: Ensure no hidden liabilities or off-balance sheet risks exist beyond those declared.