Company Number: 15055394

Analysis Date: 2025-07-29 20:18 UTC

1. Risk Rating: LOW
   Elliots Consulting Ltd displays a strong net asset position relative to its liabilities and no overdue filings, indicating good solvency and compliance for a newly incorporated micro-entity.

2. Key Concerns:

• The company is very newly established (incorporated August 2023), so limited operating history constrains assessment of sustainable performance.
• A director’s loan is noted as unsecured, interest-free and repayable on demand, which could create liquidity or governance risks if relied upon heavily.
• The small scale (micro-entity) means limited financial disclosures, reducing transparency on operational cash flows and profitability trends.

3. Positive Indicators:

• Healthy net current assets (£57,728) and net assets (£58,341) suggest the company currently holds more liquid assets than short-term obligations.
• No overdue accounts or confirmation statements, showing compliance with regulatory filing deadlines.
• Share capital is minimal, consistent with startup phase, but shareholder funds are substantially higher due to retained profits or capital injections.
• The company has two directors with clear control structures and no record of disqualifications or adverse governance issues.
• The SIC code (70229) indicates a consultancy business which typically has low fixed asset requirements and can scale with low overhead.

4. Due Diligence Notes:

• Examine the nature and terms of the director loan included in debtors to assess any potential risks to liquidity or conflicts of interest.
• Review cash flow statements and profit and loss accounts (if available) to understand operational sustainability beyond the balance sheet snapshot.
• Confirm the extent of business activity since incorporation to validate assumptions on going concern and revenue generation.
• Monitor future filings for changes in financial health, director appointments, and shareholder structure.
• Verify that related party transactions are properly disclosed and conducted on arm’s length terms.