BETA FUNK LTD

Executive Summary

Beta Funk Ltd is a micro-entity private limited company with stable solvency and compliance records but has experienced a notable decline in assets in the latest year. The business operates on a very small scale with limited staff, which may constrain operational resilience. Further due diligence on financial trends and governance changes is recommended to fully assess ongoing risk and business sustainability.

BETA FUNK LTD - Analysis Report

Company Number: 13526483

Analysis Date: 2025-07-20 15:41 UTC

1. Risk Rating: LOW
   The company presents a low risk profile based on the available financial data. It maintains positive net current assets and net assets, has no overdue filings, and shows no indicators of insolvency or regulatory non-compliance.

2. Key Concerns:

• Decrease in current assets and net assets from 2023 to 2024, indicating reduced liquidity and a shrinking equity base which may impact future operational flexibility.
• Very small scale of operations (micro-entity with only 1 employee), which could imply limited operational capacity and potential vulnerability to market shifts.
• New director appointed shortly after the latest accounts date (appointment from November 2024) may require monitoring for governance continuity and strategic direction.

3. Positive Indicators:

• Consistently positive net current assets and net assets over the last few years, demonstrating ability to meet short-term liabilities.
• No overdue statutory filings (accounts and confirmation statement up to date), indicating good compliance and governance practices.
• Ownership and control consolidated under a single individual (Joseph Goldmund Davies), which can simplify decision-making and accountability.

4. Due Diligence Notes:

• Investigate reasons for the significant decline in current assets and net assets between 2023 and 2024 to assess sustainability of the business model.
• Understand the nature of the company’s business activities under SIC code 73110 (Advertising agencies) and market position given the micro-entity scale.
• Review the impact and role of the newly appointed director, especially given the director’s different professional background (anaesthetic practitioner) from the existing director.
• Confirm whether there are any contingent liabilities or off-balance-sheet exposures not visible in the micro-entity accounts.
• Validate the accuracy and completeness of the company’s accounting records given the exemption from audit.