ASSET ENERGY SOLUTIONS LTD
Executive Summary
ASSET ENERGY SOLUTIONS LTD is a very recently established micro-entity with minimal financial activity and limited resources. While compliant with filing obligations, the absence of revenue and operational data presents a high risk from a liquidity and solvency standpoint. Potential investors should seek further information on the company’s business model and strategic plans before engagement.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
ASSET ENERGY SOLUTIONS LTD - Analysis Report
Risk Rating: HIGH
Given the company’s very recent incorporation (February 2023), minimal financial history, and extremely limited financial resources, the solvency and liquidity risks are elevated. The company currently holds only £7,800 in current assets with no fixed assets and no liabilities, reflecting an early-stage balance sheet with no operational scale or revenue evidence.Key Concerns:
- Lack of Financial Depth: The balance sheet shows only current assets of £7,800 and no liabilities, indicating limited capital and no operational cash flow history. This raises concerns about the company’s ability to sustain operations or meet obligations if liabilities arise.
- No Revenue or Profit Data: There is no reported turnover, profit, or employee activity (zero employees reported), making it impossible to assess operational stability or business viability at this stage.
- Recent Name Change and New Director Appointment: The company changed its name from QSD RENEWABLES LTD to ASSET ENERGY SOLUTIONS LTD in September 2024, and appointed a new director (Amy Harrison) shortly after. While not inherently negative, these changes warrant further inquiry into strategic direction or restructuring motives.
- Positive Indicators:
- No Overdue Filings or Compliance Issues: Accounts and confirmation statements are filed on time, indicating good regulatory compliance.
- Clear Ownership and Control: A single person (Gareth John Hughes) holds 75-100% ownership and control, which can facilitate decisive management.
- No Debt Burden: The company currently has no liabilities, reducing immediate solvency risk.
- Due Diligence Notes:
- Investigate the company’s business plan, revenue model, and client pipeline to assess operational viability and future cash flow prospects.
- Clarify the rationale behind the name change and recent director appointment to understand any strategic shifts or risks.
- Review any correspondence or filings beyond the accounts to confirm no hidden liabilities or contingent risks.
- Confirm the source and nature of the current assets (£7,800) and whether additional funding is secured or planned.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company