BATH BEATS COLLECTIVE LTD
Company number 14443431 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
BATH BEATS COLLECTIVE LTD - Analysis Report
Company Number: 14443431
Analysis Date: 2025-07-29 19:49 UTC
- Risk Rating: LOW
Justification: The company is a recently incorporated micro-entity with modest but positive net assets and no current liabilities. It is compliant with filing deadlines and has no indications of financial distress or regulatory non-compliance.
- Key Concerns:
- Very low turnover (£1,896 for the latest year) indicating minimal business activity, which may impact long-term sustainability.
- No employees and minimal current assets (£125) suggest limited operational scale and potential liquidity constraints if expenses increase.
- Reliance on directors who both hold significant control; potential governance risk if unforeseen issues arise with key individuals.
- Positive Indicators:
- Positive net assets (£2,570) increased from prior year, reflecting some asset growth and retained profits.
- No current or long-term liabilities recorded, indicating absence of debt burden.
- Up to date on statutory filings with no overdue accounts or confirmation statements, demonstrating compliance discipline.
- Profit reported for the year (£637), albeit small, shows the entity is not operating at a loss.
- Due Diligence Notes:
- Investigate nature and valuation of fixed assets (£2,445) to assess liquidity and potential for conversion to cash.
- Assess business plan or pipeline to determine prospects for revenue growth given current low turnover.
- Review directors’ background and capacity to sustain business operations, including any related party transactions.
- Confirm absence of contingent liabilities or off-balance sheet obligations beyond those disclosed.
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