APTA SERVICES LTD

Executive Summary

APTA SERVICES LTD is a newly established private limited company with a modest asset base and positive net current assets, reflecting an ability to meet short-term obligations currently. However, its very recent incorporation, limited cash reserves, and concentrated control in a single director elevate the risk profile to medium. Continued monitoring of receivables, cash flow, and management capability is advisable to assess ongoing financial health and operational stability.

APTA SERVICES LTD - Analysis Report

Company Number: 14838268

Analysis Date: 2025-07-29 16:37 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (May 2023) with a small asset base and limited operational history. The balance sheet shows positive net current assets and shareholders’ funds, but the scale and short track record introduce uncertainty, warranting a medium risk rating.

2. Key Concerns:

• Limited Operating History: Being less than one year old with no comparative financial data restricts visibility on performance trends and sustainability.
• Modest Cash Position: Cash at bank (£6,068) is relatively low compared to current liabilities (£16,334), potentially indicating tight liquidity if receivables are not quickly converted to cash.
• Single Director and Ultimate Control: With one director who is also the sole significant controller (75-100% shares and voting rights), decision-making and governance depend heavily on one individual, which may increase operational and governance risk.

3. Positive Indicators:

• Positive Net Current Assets: £10,802 net current assets suggest the company currently holds sufficient short-term assets to cover liabilities.
• No Overdue Filings: Accounts and confirmation statement filings are up to date, indicating compliance with regulatory requirements to date.
• Clear Accounting Policies and Transparency: The company follows FRS 102 accounting standards and provides detailed notes, which reflects a structured approach to financial reporting.

4. Due Diligence Notes:

• Investigate the nature and collectability of debtors (£21,068), as a significant portion of current assets depends on this.
• Review the business plan and revenue projections, especially given the dual SIC codes (management consultancy and electrical installation) to assess operational focus and sustainability.
• Confirm the director’s background and experience given the sole control and directorship, to understand management capability and risks.
• Monitor cash flow trends going forward for signs of liquidity stress given the low cash reserves relative to liabilities.
• Verify absence of any contingent liabilities or off-balance sheet obligations not captured in the accounts.