Company Number: 14838137

Analysis Date: 2025-07-29 16:06 UTC

1. Risk Rating: LOW
   Ascendix Ltd appears financially stable with positive net current assets and no overdue filings. As a recently incorporated micro-entity with modest liabilities relative to assets, immediate solvency and liquidity risks are minimal.

2. Key Concerns:

• Limited financial history due to recent incorporation (May 2023) restricts trend analysis and long-term viability assessment.
• Small scale of operations (2 employees) could imply vulnerability to operational disruptions or dependency on key personnel.
• Lack of detailed profit and loss data or cash flow statements limits insight into ongoing operational performance and cash generation.

3. Positive Indicators:

• Positive net current assets (£27,526) indicating the company can cover short-term liabilities.
• No overdue accounts or confirmation statements, demonstrating regulatory compliance and good governance.
• Clear ownership structure with two directors holding controlling stakes and active involvement, which may support decisive management.

4. Due Diligence Notes:

• Obtain management accounts or interim financials to assess current trading performance and cash flow beyond the first year.
• Review client contracts and pipeline to evaluate revenue sustainability and business model resilience.
• Confirm no contingent liabilities or off-balance sheet obligations that may affect solvency.
• Assess directors' background and credit history for any undisclosed risk factors.