ESPRIT DE CORPS CONSULTING LTD

Executive Summary

Esprit De Corps Consulting Ltd is a micro-entity recently established and currently solvent but demonstrating early liquidity concerns with negative working capital. The company is compliant with filing requirements but has limited operational history and concentrated ownership, which introduces governance risks. Further due diligence on cash flow, client base, and control structures is recommended to fully assess investment risk.

ESPRIT DE CORPS CONSULTING LTD - Analysis Report

Company Number: 15076124

Analysis Date: 2025-07-20 14:59 UTC

1. Risk Rating: MEDIUM
   Despite being a newly incorporated company (August 2023) and currently solvent on paper, the company shows early signs of liquidity strain with net current liabilities. Limited operational history and small asset base warrant caution.

2. Key Concerns:

• Negative Working Capital: Net current liabilities of £594 indicate the company may struggle to meet short-term obligations without additional funding or cash inflows.
• No Employees and Early Stage: The company reports zero employees and only one full financial period since incorporation, limiting the ability to assess operational sustainability.
• Concentration of Control: Significant control (over 75% combined shares and voting rights) held by two directors who are also consultants could pose governance and succession risks.

3. Positive Indicators:

• Compliance Up to Date: All statutory filings (accounts and confirmation statements) are current and not overdue, suggesting good regulatory compliance to date.
• Shareholders’ Funds Positive: Although modest at £269, equity remains positive, indicating no immediate insolvency on a balance sheet basis.
• Clear Business Focus: Industry classification and website suggest a defined consulting niche with a global and regional reach, which may support future growth.

4. Due Diligence Notes:

• Review cash flow forecasts and funding plans to address the negative net current assets position.
• Assess contracts or client pipeline to evaluate revenue prospects and operational sustainability.
• Investigate any related party transactions or financial support from the principal controllers given their dominant ownership and directorship.
• Monitor governance arrangements given the concentration of control and lack of broader management team or employee base.