DEVELOPMENT BY DAY LTD

Executive Summary

Development By Day Ltd is an early-stage private limited company with minimal financial resources and no recorded employees, indicating potential operational inactivity. While compliance with statutory filings is maintained and no liabilities exist, the sharp reduction in current assets and absence of trading data suggest high liquidity and solvency risk. Further investigation into business plans and revenue prospects is warranted before investment consideration.

DEVELOPMENT BY DAY LTD - Analysis Report

Company Number: 14409871

Analysis Date: 2025-07-29 20:16 UTC

1. Risk Rating: HIGH
   The company shows very limited financial resources with net current assets of only £550 as of March 2024, a significant decline from £1,971 the previous year, indicating potential liquidity strain. The absence of liabilities is positive, but the low asset base and lack of revenue or employees raise concerns about ongoing operational viability.

2. Key Concerns:

• Liquidity Deterioration: Current assets have decreased sharply from £1,971 in 2023 to £550 in 2024, suggesting cash depletion without evident replenishment.
• No Operational Activity: Zero employees reported and no evidence of trading revenue or fixed assets usage, which may indicate the business is not yet operational or generating income.
• Limited Financial Transparency: Only micro-entity accounts filed with minimal disclosure, restricting ability to assess profitability or cash flow dynamics.

3. Positive Indicators:

• No Outstanding Liabilities: The company has no current or long-term creditors, reducing immediate solvency risk.
• Compliance with Filings: Accounts and confirmation statement are up-to-date and not overdue, indicating good regulatory compliance.
• Clear Ownership and Governance: Directors and persons of significant control are identified with no disqualifications or adverse records noted.

4. Due Diligence Notes:

• Investigate the nature and timing of expected revenue streams or contracts to assess business sustainability.
• Confirm whether the company is trading or in a pre-operational phase, and if any capital injections are planned.
• Review director intentions and business plans to understand strategy for growth or capital raising.
• Check for any intercompany transactions or off-balance sheet liabilities not captured in micro-entity accounts.
• Evaluate market and competitive positioning in the IT consultancy sector (SIC 62020).