EUROPUB PUBLISHING COMPANY LTD

Executive Summary

EUROPUB PUBLISHING COMPANY LTD demonstrates compliance with statutory filing but presents significant financial risk due to negligible net assets and minimal disclosed financial substance. The company’s micro-entity status limits transparency, warranting further investigation into cash flow and operational viability. Governance considerations arise from single-person ownership and overseas director location.

EUROPUB PUBLISHING COMPANY LTD - Analysis Report

Company Number: 13127935

Analysis Date: 2025-07-29 20:51 UTC

1. Risk Rating: HIGH
   The company’s financial data indicates extremely limited asset value and net worth (£10) persisting over multiple years, which suggests a minimal capital base and potentially insufficient resources to meet ongoing liabilities or support operations. The micro-entity scale and negligible net assets raise significant concerns about solvency and operational sustainability.

2. Key Concerns:

• Minimal Net Assets: Consistently reported net assets of only £10 suggest the company lacks a financial cushion, increasing risk of insolvency if liabilities or expenses arise.
• Lack of Financial Detail and Transparency: Micro-entity accounts provide limited disclosure, making it difficult to assess revenue generation, profitability, or cash flow adequacy.
• Single Person Control and Geographic Disparity: The sole director and majority shareholder resides in Turkey, which may complicate governance, oversight, and responsiveness to UK regulatory requirements.

3. Positive Indicators:

• Timely Filing: The company’s accounts and confirmation statements are current and not overdue, reflecting compliance with statutory filing deadlines.
• Stable Employee Base: The company reports an average of 3 employees, which, while small, indicates some ongoing operational activity consistent over recent years.
• Active Website Presence: A live website with academic publishing focus suggests an established business model and potential market presence.

4. Due Diligence Notes:

• Examine Cash Flow and Revenue Streams: Request detailed management accounts or bank statements to verify actual cash inflows and outflows, given the absence of detailed financial information.
• Investigate Related Party Transactions or Loans: Clarify whether the minimal net asset figure reflects inter-company loans, director loans, or other off-balance sheet arrangements that impact solvency.
• Assess Director's Role and Controls: Given the director’s overseas residence, review governance structures and controls to ensure compliance and effective management.