BLOOMSBURY POLICY LAB LTD

Executive Summary

Bloomsbury Policy Lab Ltd is an active private limited company with a strong liquidity position and current compliance with statutory requirements. Despite its recent incorporation and small scale, it shows positive net current assets and improved cash balances, suggesting operational stability. Concentrated ownership and limited financial history warrant further governance and cash flow review for a comprehensive risk assessment.

BLOOMSBURY POLICY LAB LTD - Analysis Report

Company Number: 14062523

Analysis Date: 2025-07-29 15:52 UTC

1. Risk Rating: LOW
   Bloomsbury Policy Lab Ltd demonstrates a solid current asset position relative to its liabilities with positive net current assets and shareholders’ funds. The company is current with statutory filings and operates within a low-risk professional services sector. The financial data indicates stable liquidity and no signs of distress.

2. Key Concerns:

• Limited Financial History: Founded in 2022 with only two full years of accounts, limiting long-term trend analysis.
• Concentration of Control: Single principal shareholder (Prof Jolene Skordis) holds 75-100% control, which may pose governance risks if not balanced by effective oversight.
• Modest Scale: Small asset base and workforce (average 5 employees) may limit operational scalability and resilience to market shocks.

3. Positive Indicators:

• Strong Liquidity: Cash position increased significantly from £6,661 (2023) to £20,804 (2024), indicating improved cash flow management.
• Positive Net Current Assets: £18,701 as at 30 April 2024, comfortably covering short-term liabilities (£3,106).
• Compliance: All filings, including accounts and confirmation statements, are up to date with no overdue submissions or penalties.
• Clear Accounting Policies: Use of FRS 102 and small entities regime with transparency on turnover recognition and taxation policies.
• Experienced Leadership: Multiple directors appointed recently, potentially bringing diverse expertise.

4. Due Diligence Notes:

• Review Governance Structure: Assess board independence and decision-making processes given concentrated ownership and multiple recent director appointments.
• Examine Revenue Streams: Request detailed income statement information to assess turnover growth, profitability, and client concentration, as abridged accounts omit profit/loss details.
• Validate Cash Flow Sources: Investigate reasons for significant growth in cash balances to confirm sustainable operating cash flow versus one-off financing or shareholder injections.
• Operational Review: Understand service offerings under SIC 74909 to evaluate market positioning and client base stability.
• Evaluate Employee Costs and Commitments: With growth from 1 to 5 employees, verify wage sustainability and potential pension liabilities stated in notes.