Company Number: 13613750

Analysis Date: 2025-07-29 18:26 UTC

1. Risk Rating: LOW
   APTNX Limited presents a low risk profile based on available data. The company has positive net current assets and net assets, maintains timely filings, and is compliant with statutory obligations. Its financial scale is small but stable, with no indications of distress or regulatory issues.

2. Key Concerns:

• Limited Financial Scale: As a micro-entity with very modest asset and liability figures, the company may have limited financial resilience against operational shocks.
• Dependence on Single Director/Shareholder: Control and ownership are concentrated solely with Mr. Mark Allan Sharratt, which may pose governance or succession risks.
• Lack of Profit and Loss Disclosure: The absence of a filed profit and loss account limits insight into profitability and operational cash flows beyond balance sheet snapshots.

3. Positive Indicators:

• Strong Working Capital Position: Net current assets have increased from £4,166 (2023) to £5,200 (2024), showing improved short-term liquidity and ability to meet obligations.
• Compliance with Filings: No overdue accounts or confirmation statements, indicating good regulatory compliance and governance practices.
• Stable Net Assets: Net assets have grown steadily since incorporation, demonstrating stable equity and no evident erosion of capital.

4. Due Diligence Notes:

• Review Profit & Loss Data: Obtain or request detailed income statement or cash flow information to assess operational profitability and liquidity trends.
• Assess Business Model Viability: Understand revenue streams, client base, and market position given the company's classification in business and domestic software development.
• Director Background Check: Confirm the professional background and any potential conflicts or past issues related to the sole director to assess governance risk.