BOCO TRANS LTD

Executive Summary

BOCO TRANS LTD is a very small private limited company with a stable regulatory compliance record and modest net asset growth over 3 years. Its minimal capital base and absence of profit and loss disclosures limit visibility into financial health, warranting careful further financial review. Overall, the company appears operationally stable but with inherent risks typical of micro-entity transport businesses.

BOCO TRANS LTD - Analysis Report

Company Number: 13221086

Analysis Date: 2025-07-29 12:17 UTC

1. Risk Rating: LOW to MEDIUM
   The company shows modest but positive net assets growth over its short operating history, no overdue filings, and compliance with micro-entity reporting standards. However, its very small scale, low asset base, and limited financial disclosures warrant a cautious stance.

2. Key Concerns:

• Limited Financial Scale: Net assets stood at £1,549 as of the latest accounts, reflecting a very small capital base and limited buffer to absorb losses or financial shocks.
• Minimal Share Capital and Resources: Share capital is only £100 and average employee count is two, indicating limited operational scale and potential vulnerability to market or operational disruptions.
• Lack of Profit & Loss Disclosure: The absence of a filed profit and loss account restricts insight into profitability, cash flows, and ongoing operational viability beyond net asset snapshots.

3. Positive Indicators:

• Timely Regulatory Compliance: Accounts and confirmation statements are filed on time, demonstrating good governance adherence.
• Consistent Modest Net Asset Growth: Net assets increased steadily from £501 in 2021 to £1,549 in 2024, indicating some retained earnings or asset accumulation.
• Stable Directorship: Single director with continuous appointment since incorporation suggests stable management without reported governance issues.

4. Due Diligence Notes:

• Obtain and review management accounts or internal financial statements to assess profitability, cash flow, and operational sustainability.
• Investigate the nature and terms of current assets and creditors to verify liquidity quality and working capital adequacy.
• Confirm the company’s business model viability within the unlicensed carrier and transport support sectors and any regulatory risks specific to these activities.
• Verify whether there are any contingent liabilities or off-balance sheet risks not apparent in the micro-entity accounts.