BELSELL LIMITED

Executive Summary

BELSELL LIMITED is a newly formed micro-entity with negative net assets and net current liabilities at its first year-end, signaling immediate solvency and liquidity risks. While it maintains compliance with filing requirements, the absence of employees and limited financial history raise concerns about operational sustainability. Further investigation into its liabilities, funding plans, and business model is recommended to better assess its financial stability.

BELSELL LIMITED - Analysis Report

Company Number: 14672803

Analysis Date: 2025-07-29 13:56 UTC

1. Risk Rating: HIGH
   Justification: The company shows negative net assets (£-896) and net current liabilities (£-716) at its first year end, indicating insolvency risk. Absence of employees and minimal current assets raise concerns about operational viability and liquidity.

2. Key Concerns:

• Negative net assets and net current liabilities suggest the company may not meet its short-term obligations without additional funding.
• No employees reported, which may indicate limited operational activity or reliance on the sole director, raising sustainability questions.
• Newly incorporated with only one financial year completed; limited history and lack of turnover or profit data restrict assessment of business viability.

3. Positive Indicators:

• Compliance with filing deadlines for accounts and confirmation statements shows good regulatory adherence so far.
• Ownership and control consolidated under a single director/PSC, which may simplify governance and decision-making.
• The company is categorized as micro-entity, limiting reporting complexity and burden.

4. Due Diligence Notes:

• Investigate the nature of current liabilities (£1,469) and whether they are short-term debts, loans, or trade payables.
• Clarify the company's business model and revenue generation plans given the SIC code for mail order/Internet retail and absence of employees.
• Assess any capital injections or shareholder funding plans to address negative equity and support liquidity.
• Review director’s strategy for operational scaling and timeline to profitability.
• Confirm absence of any related party transactions or contingent liabilities not disclosed in the micro entity accounts.