EPIC GROUP LIMITED

Executive Summary

Epic Group Limited shows some improvement in net asset position but continues to face liquidity challenges due to substantial short-term liabilities exceeding current assets. Its fixed asset base underpins the business, which operates in property investment, yet the lack of employees and minimal turnover warrant further scrutiny. Overall, the company maintains regulatory compliance but investors should carefully evaluate its cash flow and creditor obligations before proceeding.

EPIC GROUP LIMITED - Analysis Report

Company Number: 13242826

Analysis Date: 2025-07-20 19:03 UTC

1. Risk Rating: MEDIUM
   The company shows improving net asset position but continues to have significant net current liabilities, indicating potential liquidity risk. The business is asset-heavy with considerable long-term liabilities, which poses solvency considerations.

2. Key Concerns:

• Negative Net Current Assets: Consistent net current liabilities above £100k suggest liquidity constraints to meet short-term obligations.
• High Long-Term Creditors: Over £312k in liabilities due after more than one year may pressure solvency if asset realizations or income streams are insufficient.
• No Employees and Limited Operational Activity: The absence of employees and minimal turnover information raises questions about operational sustainability and revenue generation.

3. Positive Indicators:

• Improved Net Assets: Transition from a negative net asset position of £-6,980 in 2023 to positive £6,274 in 2024 indicates some strengthening of financial health.
• Stable Fixed Asset Base: Fixed assets remain consistent at approximately £423k, supporting the company’s real estate investment activities.
• Compliance with Filing Requirements: No overdue accounts or confirmation statements reflect good regulatory compliance.

4. Due Diligence Notes:

• Verify the nature and terms of the long-term creditors to assess repayment risks and covenants.
• Review cash flow statements (if available) to understand operational liquidity and funding sources.
• Investigate revenue streams and business model sustainability given the zero employees and asset-heavy balance sheet.
• Confirm any contingent liabilities or off-balance sheet risks not disclosed in micro-entity filings.
• Assess director and PSC background for any governance or reputational risks (no disqualifications noted here).