CEFN ONN SERVICES LIMITED

Executive Summary

Cefn Onn Services Limited is a very recently established accounting services company with minimal financial footprint and no operating history. While it is compliant with filing requirements, the limited financial data and absence of trading performance elevate the risk profile significantly. Further due diligence is advised to understand the company’s business plan, funding, and governance arrangements before considering investment.

CEFN ONN SERVICES LIMITED - Analysis Report

Company Number: 14979037

Analysis Date: 2025-07-29 13:57 UTC

1. Risk Rating: HIGH
   Justification: Cefn Onn Services Limited is a newly incorporated private limited company with minimal financial activity and negligible asset base (£100 cash, £100 shareholders’ funds). The absence of employees, lack of trading history, and minimal financial substance present a high risk from a solvency and liquidity perspective.

2. Key Concerns:

• Financial Substance and Liquidity: The company holds only £100 in cash and has no reported liabilities or assets beyond the initial share capital. This limited financial base raises concerns about its ability to meet obligations or sustain operations.
• Operational Track Record: Incorporated in July 2023 and reporting only to March 2024, there is no historical performance data or income statement available, limiting assessment of business viability or profitability.
• Governance and Control Concentration: The shareholders and voting rights are concentrated between two individuals (one holding 50-75%, the other 25-50%), potentially increasing governance risk if decision-making lacks independent oversight.

3. Positive Indicators:

• Compliance and Filing: The company is active and has filed accounts and confirmation statements on time, indicating basic regulatory compliance.
• Clear Accounting Policies: The accounts document reflects adherence to UK accounting standards (FRS 102), with transparent notes on accounting policies and going concern assumption declared by directors.
• No Indications of Financial Distress: There is no evidence of overdue filings, insolvency proceedings, or director disqualifications.

4. Due Diligence Notes:

• Business Model and Revenue Streams: Investigate the nature of activities undertaken since incorporation, client base, and revenue generation plans to assess operational sustainability.
• Funding and Capital Plans: Clarify if additional funding or capital injections are planned to support growth or operations beyond the nominal share capital.
• Director Background and Related Party Transactions: Conduct background checks on directors and secretary, and verify if there are any related party transactions or conflicts of interest given the shared address and control concentration.