CLEVERTOPS LIMITED

Executive Summary

CLEVERTOPS LIMITED exhibits high financial risk due to its negative net asset position and significant short-term liabilities relative to assets. While compliant with filing obligations, the lack of employees and minimal asset base raise concerns about operational viability. Further investigation into the company's liabilities and cash flow situation is recommended before considering any investment.

CLEVERTOPS LIMITED - Analysis Report

Company Number: 13630714

Analysis Date: 2025-07-20 18:47 UTC

1. Risk Rating: HIGH
   The company demonstrates a negative net asset position and liabilities exceeding assets, which is a clear solvency concern. The minimal current asset base (£1) compared to current liabilities (£120 in 2024) indicates significant liquidity risk. The absence of employees and minimal financial activity further question operational sustainability.

2. Key Concerns:

• Negative net assets of £119 as of 2024, worsening from £59 in 2023, signals insolvency risk.
• Current liabilities (creditors) are 120 times the current assets, implying the company lacks liquid resources to meet short-term obligations.
• No employees and minimal reported activity suggest the business may not be operational or generating revenue, raising sustainability and viability issues.

3. Positive Indicators:

• The company is up to date with filing requirements, including accounts and confirmation statements, indicating regulatory compliance.
• The use of micro-entity accounting provisions is appropriate given the company size, showing adherence to filing standards.
• The company is active and not in liquidation or administration.

4. Due Diligence Notes:

• Investigate the nature of the current liabilities: who are the creditors, and what are the terms and maturity?
• Assess the company’s cash flow sources and plans to address the negative equity and liquidity shortfall.
• Clarify operational status: confirm if the company has ceased trading or is dormant despite being active on record.
• Review director statements and any contingent liabilities or off-balance sheet commitments.
• Confirm if there are any related party transactions or loans that may impact financial stability.