Company Number: 15113831

Analysis Date: 2025-07-19 12:56 UTC

1. Risk Rating: HIGH
   BOT8 LTD shows significant solvency and liquidity risks as of its first reported financial year. The company has net current liabilities of £2,098 and negative net assets of £877, indicating it owes more to creditors than it holds in assets. This negative equity position so early in the company’s life raises concerns about its ability to meet obligations and sustain operations without further capital injection.

2. Key Concerns:

• Negative net assets and net current liabilities suggest immediate solvency pressure and potential cash flow constraints.
• Minimal share capital (£100) relative to liabilities reflects limited financial buffer to absorb losses or fund operations.
• The company is very young (incorporated September 2023) with only one employee, increasing operational risk due to limited track record and resources.

3. Positive Indicators:

• Accounts and confirmation statements are filed on time with no overdue filings, indicating compliance with regulatory requirements.
• The company operates in a growth sector (business and domestic software development), which has potential for scalability.
• Three directors with significant shareholding and control provide governance and potential access to strategic decision-making.

4. Due Diligence Notes:

• Investigate the nature of current liabilities (£2,234) to assess whether these are trade payables, loans, or other obligations and their maturity profile.
• Review any planned capital raising or funding sources to cover negative working capital and support operations.
• Obtain management commentary or business plan details to understand operational milestones and path to profitability.
• Confirm whether related party transactions exist, given the small size and related directors’ involvement.
• Monitor ongoing compliance and financial performance in next reporting periods to detect trends and improvements.