CS SMOON TECH LTD

Executive Summary

CS SMOON TECH LTD currently demonstrates a low financial risk profile with strong net assets and no overdue filings. However, the dormant status combined with minimal employees and concentrated ownership warrants further investigation to assess operational sustainability and governance robustness. Overall, the company appears solvent and compliant but limited operational data constrains a fuller risk assessment.

CS SMOON TECH LTD - Analysis Report

Company Number: 13554429

Analysis Date: 2025-07-19 11:53 UTC

1. Risk Rating: LOW
   CS SMOON TECH LTD shows a strong solvency position with positive net assets increasing year on year and no overdue filings. The company is categorized as dormant but has significant fixed and current assets, indicating good financial health with no immediate liquidity concerns.

2. Key Concerns:

• Dormant status: Although the company holds substantial assets, its dormant filing status indicates minimal or no trading activity, which may raise questions about operational sustainability or future revenue generation.
• Minimal workforce: The company reported only 1 employee in the latest period (down from 3 previously), which could impede operational capacity if business activity is to scale.
• Controlling shareholder concentration: One individual controls 75-100% of shares and voting rights, creating potential governance risks related to lack of diverse oversight.

3. Positive Indicators:

• Increasing net assets: The company’s net assets grew from £971k in 2022 to £1.4M in 2023, reflecting asset growth and a solid equity base.
• No overdue statutory filings: Annual accounts and confirmation statements are up to date, suggesting good regulatory compliance.
• Strong liquidity position: Current assets exceed current liabilities by a significant margin, indicating an absence of short-term cash flow issues.

4. Due Diligence Notes:

• Confirm the nature of the fixed assets (notably the increase from £547k to £865k) to assess their liquidity and valuation basis.
• Investigate the reason for dormant classification despite considerable asset holdings and whether there are plans to reactivate trading.
• Review related party transactions or financial support arrangements given the concentration of control and minimal operational activity.
• Understand the company’s strategic plans given the limited employee base and its impact on future operational viability.