ENERGYKEY LTD

Executive Summary

ENERGYKEY LTD is a newly incorporated private limited company demonstrating early-stage financial stability with positive liquidity and good compliance. While the business scale and operating history are limited, initial financials and governance appear sound. Investors should monitor operational progress and governance dynamics closely as the company develops.

ENERGYKEY LTD - Analysis Report

Company Number: 15381829

Analysis Date: 2025-07-29 17:24 UTC

1. Risk Rating: LOW
   The company shows a positive net current asset position with cash exceeding current liabilities, no overdue filings, and compliance with reporting requirements. The financials indicate early-stage stability with adequate liquidity.

2. Key Concerns:

• Early operational stage: Incorporated in January 2024, the company has limited operating history, increasing uncertainty around ongoing performance.
• Small scale: Only two employees and abridged accounts filed, limiting transparency and detail on operations or profitability.
• Concentrated control: Two directors/shareholders with substantial ownership and control could present governance risks if interests diverge.

3. Positive Indicators:

• Positive net current assets of £22,156 with cash balance of £36,812, demonstrating initial liquidity to meet short-term obligations.
• No overdue accounts or confirmation statements, indicating good regulatory compliance and governance discipline.
• Operating in a specialized engineering and electrical installation niche, with multiple related SIC codes suggesting diversified technical activities.

4. Due Diligence Notes:

• Review detailed revenue and profit trends once full accounts are available beyond abridged filings.
• Assess contracts, customer base, and pipeline to validate sustainability of income streams.
• Investigate background and business experience of key shareholders/directors for operational competence and alignment of interests.
• Confirm no hidden liabilities or contingent risks given the company’s infancy and limited disclosures.