AXIOM CONSULTANCY LTD

Executive Summary

AXIOM CONSULTANCY LTD shows a concerning disappearance of all reported assets and liabilities in its latest accounts, signaling potential cessation of operations or asset disposals. Although current with regulatory filings and not formally insolvent, the absence of financial substance in 2023 warrants further investigation into its operational viability and liquidity. This situation poses a high risk from an investment perspective due to uncertainty about ongoing business activity and solvency.

AXIOM CONSULTANCY LTD - Analysis Report

Company Number: 13575909

Analysis Date: 2025-07-29 16:15 UTC

1. Risk Rating: HIGH
   The company’s latest financial statements show zero assets, zero liabilities, and zero net assets as at 31 December 2023, indicating no operational or financial activity during the most recent reporting period. This raises significant concerns about solvency and liquidity.

2. Key Concerns:

• Complete Absence of Assets and Liabilities in 2023: The balance sheet shows all zero values for current assets, liabilities, and net assets, which is unusual for an active trading company and suggests cessation or dormancy of trading operations.
• No Reported Income or Operational Activity: The micro-entity accounts do not disclose any revenue, expenses, or retained earnings for 2023, implying the company may not be generating cash flow or conducting active business.
• Rapid Decline from Prior Year: In 2022 and 2021, the company reported net assets of approximately £19,752 with positive net current assets, showing some financial substance. The sudden drop to nil indicates a material change—possibly asset write-offs or cessation—that needs explanation.

3. Positive Indicators:

• Compliance with Filing Deadlines: The company is current on both accounts and confirmation statement filings with no overdue returns, demonstrating regulatory compliance.
• No Indication of Insolvency or Liquidation Status: The company remains active and is not in liquidation or administration, which suggests no formal insolvency proceedings have been initiated.
• Small Scale and Low Complexity: As a micro-entity with only one employee and limited fixed assets historically, the operational model may be straightforward, reducing complexity risk.

4. Due Diligence Notes:

• Investigate the reasons behind the zeroed assets and liabilities in 2023: Has the company ceased trading, sold off assets, or transferred business activities?
• Review management commentary or director’s reports (if available) for explanation of operational status and future plans.
• Confirm if there are any undisclosed liabilities or contingent risks not reflected in micro-entity accounts due to simplified reporting.
• Assess cash flow and bank statements directly if accessible to verify liquidity status beyond the filed accounts.
• Verify if the single director or PSC has any relevant conduct records or financial difficulties that might impact company stability.