BLACKDEN CONSULTING LIMITED

Executive Summary

Blackden Consulting Limited shows a robust liquidity and solvency profile with positive net assets and no overdue filings, supporting a low risk rating. Minor concerns relate to a decrease in net assets and notable taxation liabilities that merit further review. Overall, the company appears operationally stable and compliant with regulatory requirements.

BLACKDEN CONSULTING LIMITED - Analysis Report

Company Number: 12946848

Analysis Date: 2025-07-20 16:25 UTC

1. Risk Rating: LOW
   Blackden Consulting Limited demonstrates a solid financial position with consistent positive net assets, healthy net current assets, and no overdue filings. The company maintains adequate liquidity with substantial cash reserves relative to current liabilities, supporting its ability to meet short-term obligations.

2. Key Concerns:

• Declining Net Assets: Net assets decreased from £61,066 in 2023 to £53,558 in 2024, indicating a reduction in accumulated reserves which warrants monitoring to understand the underlying causes.
• Increased Taxation and Social Security Creditors: The current year shows a decrease in these creditors (£17,289) compared to the previous year (£35,786), but the level remains significant relative to cash balances. This requires attention to confirm timely settlements and avoid potential compliance risks.
• Small Share Capital: The minimal share capital of £5.00 is typical for private limited companies but provides limited equity buffer, making the company reliant on retained earnings and working capital for solvency.

3. Positive Indicators:

• Strong Liquidity Position: Cash at bank (£61,906) comfortably covers current liabilities (£19,969), resulting in positive net current assets (£53,082), reflecting good short-term financial health.
• Timely Filing and Compliance: No overdue accounts or confirmation statements, indicating good regulatory compliance and governance practices.
• Ownership and Control Transparency: Clear ownership by a single individual with full control, which can facilitate decisive management and accountability.
• Stable Employee Base: Consistent average employee count of 2 supports controlled operational scale appropriate for the recruitment agency sector.

4. Due Diligence Notes:

• Investigate reasons for decline in net assets and any potential impact on operational sustainability. Review profit and loss performance if available outside exemption filing to assess profitability trends.
• Confirm payment status and management plans regarding taxation and social security liabilities to ensure no cash flow or compliance issues.
• Assess client concentration and debtor aging to evaluate quality and collectability of trade debtors (£11,145).
• Review business model reliance on key personnel given the small team size and whether this presents operational risk.
• Verify the absence of director disqualifications or adverse conduct records for current directors to confirm governance integrity.