CASK ENTERPRISES LIMITED

Executive Summary

Cask Enterprises Limited is a very recently formed micro private limited company with positive net current assets and no overdue filings, reflecting low immediate risk. However, its limited trading history and small scale warrant careful monitoring of cash flow and tax obligations. Overall, the company appears compliant and solvent at this early stage but further operational data is needed to fully assess long-term stability.

CASK ENTERPRISES LIMITED - Analysis Report

Company Number: 15223385

Analysis Date: 2025-07-29 12:09 UTC

1. Risk Rating: LOW

Justification: Cask Enterprises Limited is a newly incorporated private limited company (incorporated October 2023) with no overdue filings and modest but positive net current assets as at October 2024. The company maintains a positive working capital position (£1,778) and has no indication of financial distress or governance issues.

2. Key Concerns:

• Limited operating history: With just over one year since incorporation, there is limited financial track record to assess operational stability fully.
• Small scale of operations: Current assets and shareholders’ funds are very modest (£11,693 and £1,778 respectively), reflecting a very small business which may be vulnerable to cash flow fluctuations.
• Corporation tax creditor: The company reports a corporation tax liability of £7,844 within current liabilities which requires timely settlement to avoid penalties.

3. Positive Indicators:

• Compliance: No overdue accounts or confirmation statements, demonstrating good regulatory compliance.
• Positive net current assets: Cash on hand exceeds current liabilities resulting in positive working capital, indicating short-term solvency.
• Clear ownership and management: Two directors also shareholders with equal control, which may aid cohesive governance and decision making.

4. Due Diligence Notes:

• Review detailed financial performance and cash flow since incorporation beyond balance sheet snapshot to assess operational sustainability.
• Investigate the nature of the corporation tax liability and confirm payment status and any potential tax risks.
• Monitor future filings and trading updates to confirm the company’s growth trajectory and ability to meet obligations.
• Clarify the business model under SIC codes 82990 and 46220 to understand revenue generation and market risks.