BETTER BUSINESS NETWORKS LTD

Executive Summary

Better Business Networks Ltd presents a low risk profile based on recent financials showing growth in net assets and compliance with filing obligations. However, the sharp rise in current liabilities and reliance on a sole director/employee merit further scrutiny to ensure liquidity and operational resilience. Overall, the company appears solvent and well-managed within its micro-entity scope but requires additional data for comprehensive risk assessment.

BETTER BUSINESS NETWORKS LTD - Analysis Report

Company Number: 13102405

Analysis Date: 2025-07-20 13:40 UTC

1. Risk Rating: LOW
   The company demonstrates an improving financial position with positive net current assets and net assets, no overdue filings, and no indication of insolvency or liquidation. The micro-entity status suggests limited business scale but consistent compliance with statutory requirements mitigates immediate risk concerns.

2. Key Concerns:

• Significant increase in current liabilities in 2023 (from £11,001 in 2022 to £70,165 in 2023) warrants investigation to ensure these obligations are manageable and not creating liquidity strain.
• Reliance on a single director and employee may pose operational risks if key personnel become unavailable, potentially affecting business continuity.
• Absence of an audit and limited financial disclosures (no profit and loss account included) restricts the depth of financial analysis and transparency for investors.

3. Positive Indicators:

• The company is current with all statutory filings, including accounts and confirmation statements, indicating good governance and regulatory compliance.
• Shareholders’ funds and net assets have increased from £29,381 in 2022 to £33,787 in 2023, reflecting overall growth in financial stability.
• Current assets grew substantially to £103,536 in 2023, improving working capital and liquidity buffer despite the rise in current liabilities.

4. Due Diligence Notes:

• Review the nature and terms of increased current liabilities in 2023 to assess repayment risk or potential for rolling credit facilities.
• Obtain management accounts or cash flow statements to evaluate ongoing liquidity and operational cash generation.
• Clarify business model sustainability and revenue sources, especially given the small employee base and limited financial disclosures.
• Confirm absence of any director disqualifications or governance issues beyond publicly available information.
• Assess contracts or dependencies related to the major PSCs for potential risk concentration.