B&L ENGINEERING CONSULTANCY LIMITED

Executive Summary

B&L Engineering Consultancy Limited is a newly incorporated micro-entity with limited operational history and a negative net asset position. While governance compliance is maintained and ownership is transparent, the company’s small scale and early stage present high solvency and liquidity risks that warrant close monitoring and further financial scrutiny.

B&L ENGINEERING CONSULTANCY LIMITED - Analysis Report

Company Number: 14848819

Analysis Date: 2025-07-29 17:43 UTC

1. Risk Rating: HIGH
   The company is at high risk primarily due to its very recent incorporation, minimal financial data, and apparent negative net asset position as per the micro-entity accounts.

2. Key Concerns:

• Negative Net Assets: The balance sheet shows net current assets and net assets as negative £2,071, indicating liabilities exceed assets at this early stage.
• No Employees and Limited Operations: With zero employees and minimal disclosed business activity, operational sustainability and cash generation appear uncertain.
• Newly Incorporated with Limited Financial History: Incorporated in May 2023, the company lacks a track record, making assessment of business viability and solvency challenging.

3. Positive Indicators:

• No Overdue Filings: The company is compliant with filing deadlines for accounts and confirmation statements, showing governance discipline.
• Clear Ownership and Control: A single director and 75-100% shareholder, Mr. Srinivasarao Venigalla, provides clarity on control and accountability.
• Active Status: The company is currently active and not in liquidation or any formal insolvency process.

4. Due Diligence Notes:

• Verify cash flow projections and funding sources to address negative net assets and liquidity.
• Assess business plan and pipeline to understand revenue generation prospects given no employees currently.
• Confirm director’s financial backing or external financing arrangements supporting operations.
• Review any related party transactions or loans that might impact solvency.
• Monitor future filings for improvement or deterioration in financial health.