BLOCKCHAIN TECH LTD

Executive Summary

BLOCKCHAIN TECH LTD currently maintains positive net assets and complies with filing requirements, suggesting solvency and regulatory adherence. However, the limited financial transparency typical of micro-entities and fluctuations in past liquidity metrics introduce moderate risk. Further financial detail and governance review are recommended to fully assess the company’s operational stability and cash flow health.

BLOCKCHAIN TECH LTD - Analysis Report

Company Number: 12611321

Analysis Date: 2025-07-20 15:48 UTC

1. Risk Rating: MEDIUM
   Justification: The company shows positive net assets and working capital in its latest filings, indicating solvency. However, fluctuating current liabilities and limited financial detail in micro-entity accounts constrain a full liquidity and operational stability assessment.

2. Key Concerns:

• Liquidity volatility: Prior years showed current liabilities exceeding current assets (e.g., 2023), which could signify cash flow pressures.
• Limited financial disclosures: As a micro-entity, full profit and loss details, cash flows, and operational metrics are unavailable, restricting visibility into sustainable business performance.
• Director turnover: Recent director resignation and appointment within a short timeframe may pose governance or continuity risks that warrant further inquiry.

3. Positive Indicators:

• Positive net assets and net current assets reported in the latest accounts (£12,000 net assets, £6,000 net current assets) suggest the company is currently solvent.
• Timely filings with no overdue accounts or confirmation statements demonstrate regulatory compliance and good governance practices.
• Incremental growth in fixed assets and stable employee numbers (7 employees) indicate operational activity and investment in business resources.

4. Due Diligence Notes:

• Request management accounts or more detailed financials to evaluate cash flow trends and profitability given limited micro-entity disclosures.
• Clarify reasons for director resignation and assess impact on company strategy and controls.
• Review contract backlog, client diversification, and revenue streams to ascertain operational stability and growth prospects.
• Confirm any contingent liabilities or off-balance sheet obligations not visible in micro-entity filings.