BLANCHE TECH LTD

Executive Summary

Blanche Tech Ltd has demonstrated a recovery from prior years of negative equity to a modestly positive net asset position by February 2024, indicating some improvement in solvency. However, the company’s low cash reserves, small workforce, and recent leadership changes present ongoing liquidity and operational risks. While compliance with filing deadlines is satisfactory, further due diligence is recommended to confirm the durability of recent financial gains and assess business sustainability.

BLANCHE TECH LTD - Analysis Report

Company Number: 13211902

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

1. Risk Rating: MEDIUM
   The company shows recent improvement in solvency with positive net current assets and net assets after a prolonged period of losses and negative equity. However, the low absolute cash balances and small scale of operations pose liquidity risks and operational fragility.

2. Key Concerns:

• Historically negative shareholders’ funds and net current liabilities from incorporation through 2023 indicate past solvency challenges.
• Very limited cash reserves (£2,519) relative to liabilities (£2,462) in 2024 leave little room for unexpected expenses or delays in receivables.
• Reduction in staff from 2 to 1 employee and director resignations may signal operational instability or governance disruption.

3. Positive Indicators:

• The turnaround to positive net current assets (£57) and net assets (£563) in the latest 2024 accounts suggests improved financial health.
• No overdue filings or late submissions indicate good compliance with statutory requirements.
• The company is exempt from audit as a small entity, consistent with its size and turnover thresholds, simplifying administration.

4. Due Diligence Notes:

• Verify the source of the recent improvement in net assets and current assets—whether from profitability, capital injection, or revaluation.
• Assess the sustainability of revenue and cash flow given the small team and limited disclosed turnover information.
• Investigate the impact of director changes on strategic direction and operational continuity.
• Review any off-balance sheet liabilities or contingent risks not captured in the abridged accounts.