APEX91 LTD

Executive Summary

APEX91 Ltd is a micro private limited company with a recent positive turnaround in net assets but persistent net current liabilities that signal caution on liquidity. The company’s small capital base and sole director ownership pose concentration risks. While regulatory compliance is current and the business scale is modest, further investigation into cash flows and growth plans is advised to fully assess operational stability.

APEX91 LTD - Analysis Report

Company Number: 13638481

Analysis Date: 2025-07-29 12:41 UTC

1. Risk Rating: MEDIUM
   The company shows recent improvement in its net asset position, moving from net liabilities to a modest net asset figure. However, the persistence of net current liabilities and small scale of operations present ongoing solvency and liquidity concerns typical for a micro-entity in early growth stages.

2. Key Concerns:

• Negative Working Capital: The company has net current liabilities of £599 as of the latest accounts, indicating potential liquidity strain to meet short-term obligations.
• Small Capital Base: Shareholders’ funds are only £249, reflecting minimal equity buffer against operational or financial shocks.
• Reliance on Single Director/Owner: The sole director and 100% owner structure concentrates control and operational risk, with limited business continuity safeguards.

3. Positive Indicators:

• Improved Financial Position: The transition from net liabilities (-£1,123) to positive net assets (£249) within the last year suggests recent operational or capital improvements.
• Up To Date Filings: Timely submission of accounts and confirmation statements indicates compliance with regulatory requirements and reduces governance risk.
• Micro-Entity Status: Simplified reporting and small scale may imply manageable operational complexity and overhead.

4. Due Diligence Notes:

• Verify the nature and timing of improvements leading to the positive net asset position, including any capital injections or debt restructuring.
• Assess cash flow statements (if available) to determine liquidity trends beyond balance sheet snapshots.
• Review director’s plans for growth or addressing working capital deficits to ensure operational sustainability.
• Confirm absence of contingent liabilities or related party transactions that might impact financial health.
• Consider risks associated with single-person control, including succession planning and governance arrangements.