BLUEPRINT CYBER SECURITY LTD

Executive Summary

Blueprint Cyber Security Ltd has experienced a marked deterioration in financial health over the last year, resulting in negative net assets and working capital. While it remains compliant with filing requirements and operationally active, the liquidity and solvency risks are elevated. Further investigation into cash flow and profitability is warranted to assess the company’s sustainability.

BLUEPRINT CYBER SECURITY LTD - Analysis Report

Company Number: 12882324

Analysis Date: 2025-07-29 18:36 UTC

1. Risk Rating: HIGH
   Blueprint Cyber Security Ltd exhibits a significant deterioration in its financial position over the most recent year, with net liabilities of £4,398 as at 30 September 2024 compared to net assets of £3,038 the previous year. The company’s net current assets have swung from a positive £2,688 to a negative £4,661, indicating liquidity stress and potential solvency risk.

2. Key Concerns:

• Negative net assets and working capital: The company’s balance sheet shows net liabilities and a substantial negative working capital position, raising concerns about its ability to meet short-term obligations.
• Rapid decline in current assets: Current assets have dropped sharply from £7,938 to only £2,084 in one year, which may suggest cash flow issues or difficulty collecting receivables.
• Limited scale and resources: As a micro-entity with only 2 employees and minimal fixed assets (£263), the business appears vulnerable to operational disruptions or unexpected expenses.

3. Positive Indicators:

• Timely compliance: The company is current with all filing obligations, including accounts and confirmation statements, with no overdue filings or penalties noted.
• Stable directorship: Directors have been in place since late 2021 with no changes or disqualifications reported, indicating stable governance at the leadership level.
• No formal insolvency proceedings: The company remains active and is not under liquidation, administration, or receivership, suggesting management has not yet triggered formal distress processes.

4. Due Diligence Notes:

• Investigate the cause of the sharp decline in current assets and the resulting liquidity crunch—review detailed cash flow statements and debtor aging reports if available.
• Assess the company's revenue trends and profitability to understand if the losses leading to negative equity are ongoing or one-off.
• Clarify the nature of current liabilities and any potential contingent liabilities or creditor pressures that may impact solvency going forward.
• Review management plans to restore financial health, including capital injections, cost reductions, or business model adjustments.