Company Number: SC689870

Analysis Date: 2025-07-20 15:10 UTC

1. Risk Rating: LOW
   Epl Index Limited shows a positive net asset position, improved cash balance, no overdue filings, and no employees, indicative of a small, stable private company with low immediate financial risk.

2. Key Concerns:

• Minimal operational scale: No employees and very low cash balances (£2,066) suggest limited business activity and possible constraints on growth or resilience.
• Reliance on director loans: Previous year creditor balance includes director loans (£1,018 in 2023), indicating dependence on related party funding which may affect liquidity if not managed prudently.
• Limited financial disclosures: Accounts are unaudited and prepared under the small companies’ regime, which limits transparency and detail on operational performance and risks.

3. Positive Indicators:

• Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue notices or penalties.
• Improved liquidity: Cash position improved from a negative balance (£-504) in 2023 to a positive balance (£2,066) in 2024, indicating better short-term liquidity.
• Positive net assets and shareholder funds growth: Net assets increased from £424 to £1,986, showing retained earnings or capital injections supporting solvency.

4. Due Diligence Notes:

• Investigate the nature and stability of revenue streams given the SIC codes suggesting news agency, sound recording, and retail activities but no employees.
• Confirm the terms and sustainability of director loans and whether these have been repaid or converted to equity.
• Review the directors’ strategic plans and cash flow forecasts to assess operational sustainability and growth prospects.
• Verify whether there are any contingent liabilities or off-balance sheet risks not disclosed due to the exemption from audit.