Company Number: 15464843

Analysis Date: 2025-07-29 16:57 UTC

1. Risk Rating: MEDIUM
   Justification: Bolt Exec Limited is a newly incorporated micro-entity with a relatively strong net current asset position (£83,718) and positive shareholders’ funds (£88,113) as of its first financial year end. However, current liabilities (£641,525) are quite high relative to current assets (£725,243), indicating a potential liquidity strain. The company’s limited operating history (just over one year) and absence of profitability data add uncertainty regarding future operational sustainability.

2. Key Concerns:

• Liquidity Pressure: Current liabilities represent nearly 89% of current assets, which although currently positive net current assets, could indicate tight working capital and potential cash flow challenges if revenues fluctuate or unexpected expenses arise.
• Limited Financial History: As the company was incorporated in February 2024 and has only filed its first set of accounts, there is insufficient evidence to assess long-term profitability or operational stability.
• Concentration of Control: Significant control is held by a small number of individuals/entities (one director and one firm hold between 50-75% shares each), which may raise governance and decision-making concentration risks.

3. Positive Indicators:

• Compliance and Filing: All statutory filings including accounts and confirmation statements are up to date with no overdue submissions, indicating sound regulatory compliance.
• Net Asset Position: Positive net current assets and shareholders’ funds suggest the company is solvent as at the reporting date.
• Business Activity: Operating in employment placement (SIC 78109) which can be scalable with moderate capital requirements, and currently employing an average of 5 staff, indicating some operational activity.

4. Due Diligence Notes:

• Review detailed cash flow statements and management accounts to assess liquidity trends beyond the balance sheet snapshot.
• Investigate the nature and timing of current liabilities to understand if these are trade creditors, accruals, or short-term loans, and whether refinancing risk exists.
• Examine directors’ background and related party transactions given the concentrated shareholding and directorship structure.
• Obtain information on client contracts and revenue streams to evaluate operational sustainability given the limited trading history.