B4B TELECOMS GROUP LIMITED

Executive Summary

B4B Telecoms Group Limited presents a low risk profile based on its strong equity position and current compliance status. However, the company's slight net current liabilities and concentration in fixed asset investments require further investigation. Additional financial details would enhance confidence in assessing operational sustainability and liquidity.

B4B TELECOMS GROUP LIMITED - Analysis Report

Company Number: NI669046

Analysis Date: 2025-07-20 13:13 UTC

1. Risk Rating: LOW

Justification: B4B Telecoms Group Limited exhibits a strong equity position with shareholders’ funds of approximately £2.5 million and no indication of insolvency or formal distress. The company is current on statutory filings and accounts with no overdue returns or accounts. It is a micro-entity with relatively simple financials and no employees, which reduces operational complexity and risk.

2. Key Concerns:

• Negative net current assets: The company shows a small net current liabilities position (£3,080 at 31 March 2022), indicating current liabilities slightly exceed current assets. While the absolute value is modest and does not signal immediate liquidity distress, it should be monitored.
• Lack of profit and loss detail: The accounts do not include a profit and loss account, limiting insight into operational profitability or cash flow generation.
• Investment concentration: The bulk of the company’s assets are fixed asset investments (£2.5 million) presumably in group undertakings, representing an illiquid asset base that may pose risks if external funding or asset liquidation is required.

3. Positive Indicators:

• Strong shareholder equity: Share capital and reserves total approximately £2.5 million, indicating a solid capital base.
• Compliance: The company is active, with no overdue filings or regulatory issues evident.
• Stable control structure: Ownership is clear and concentrated, with a corporate PSC and two individual PSCs who are also directors, suggesting aligned governance.

4. Due Diligence Notes:

• Review underlying investments: Assess the nature and valuation of the fixed asset investments to determine their recoverability and potential liquidity.
• Obtain profit and loss information: Request management accounts or additional financial statements to evaluate trading performance and cash flow.
• Examine intercompany balances: The current liabilities include amounts owed to group undertakings (£1,680), which warrants review of intra-group financing arrangements and repayment terms.
• Confirm absence of contingent liabilities or off-balance sheet risks not disclosed in micro-entity accounts.