Company Number: 12840844

Analysis Date: 2025-07-20 16:18 UTC

1. Risk Rating: LOW
   Detail Internet Limited presents a low risk profile based on the latest available financials and filing compliance. The company maintains positive net assets, low current liabilities relative to cash, and is current on statutory filings, indicating solid operational and regulatory standing for a small IT consultancy.

2. Key Concerns:

• Significant decline in cash balances over the last two years (from £95,652 in 2021 to £34,856 in 2024), which may impact short-term liquidity if the trend continues.
• Very small share capital (£1), limiting equity buffer in the event of financial distress.
• Absence of employees and reliance on director(s) may concentrate operational risk and limit scalability.

3. Positive Indicators:

• Consistently positive net current assets and net assets each year, reflecting solvency and ability to meet obligations.
• No overdue accounts or confirmation statements; good regulatory compliance and governance.
• Limited current liabilities (£2,127 in 2024), indicating low short-term debt exposure.
• Profit and loss reserves have remained positive, suggesting retained earnings supporting the company’s financial position.

4. Due Diligence Notes:

• Investigate the cause and implications of the declining cash position over recent years, including cash flow forecasts and working capital management.
• Review business model and revenue streams given no reported employees to understand operational sustainability and reliance on key personnel.
• Confirm absence of contingent liabilities or off-balance-sheet obligations that could affect financial stability.
• Validate that the director's remuneration and related party transactions are at arm’s length and sustainable.