Company Number: 14306129

Analysis Date: 2025-07-20 16:56 UTC

1. Risk Rating: LOW
   APCW LIMITED demonstrates a solid solvency position with positive net assets increasing significantly year-over-year. The company’s current assets comfortably exceed current liabilities, indicating strong short-term liquidity. No overdue filings or signs of regulatory non-compliance are evident.

2. Key Concerns:

• Limited financial history due to recent incorporation in 2022 restricts long-term trend analysis.
• Fixed assets remain minimal, suggesting potential reliance on intangible or service-based operations that may be sensitive to market conditions.
• Micro-entity status limits disclosure detail, which constrains deeper assessment of operational and financial risks.

3. Positive Indicators:

• Net current assets improved markedly from £3,494 in 2023 to £26,177 in 2024, reflecting enhanced liquidity and working capital management.
• Shareholders’ funds have increased from £5,275 to £27,602, indicating retained earnings or capital injections supporting financial stability.
• The company is timely with account and confirmation statement filings, evidencing good regulatory compliance and governance discipline.
• Maintains a stable workforce of 3 employees, suggesting operational continuity and controlled overhead.

4. Due Diligence Notes:

• Verify the nature of the current assets to confirm liquidity quality (e.g., cash versus receivables).
• Examine revenue streams and profitability to assess sustainability beyond balance sheet strength.
• Review directors’ background and any related party transactions given the company’s small size and limited disclosures.
• Confirm absence of contingent liabilities or off-balance sheet obligations that could affect solvency.
• Understand business model specifics within the dental practice sector (SIC 86230) to evaluate market risks.