EVOLVE BEYOND LTD

Executive Summary

Evolve Beyond Ltd is an early-stage private limited company currently dormant with negative net assets and working capital deficits, indicating high solvency and liquidity risk. While compliance with filing requirements is maintained, the lack of trading activity and financial weakness present significant concerns for operational sustainability. Further due diligence on liabilities and future business plans is essential to assess investment viability.

EVOLVE BEYOND LTD - Analysis Report

Company Number: 14468823

Analysis Date: 2025-07-20 13:22 UTC

1. Risk Rating: HIGH
   Justification: The company shows a negative net asset position (£-199) and negative current assets (£-99) as of the latest financial year end, despite being very recently incorporated. The accounts confirm it is classified as dormant, indicating no trading activity. The balance sheet shows accruals and deferred income exceeding assets. This reflects a weak financial position with no operational cash flow to cover liabilities, presenting significant solvency and liquidity risks.

2. Key Concerns:

• Negative net assets and working capital deficits, indicating inability to meet short-term obligations from current assets.
• Dormant status with no trading activity or revenue generation, raising questions on business sustainability and operational viability.
• Single director and sole shareholder control, which may limit corporate governance oversight and increase execution risk.

3. Positive Indicators:

• Compliance with statutory filing deadlines for accounts and confirmation statements, suggesting management attentiveness to regulatory obligations.
• No overdue filings or penalties noted, which mitigates concerns related to administrative or governance neglect.
• The company is newly formed (incorporated November 2022), so early stage financial deficits may reflect normal start-up phase rather than operational failure.

4. Due Diligence Notes:

• Investigate the nature and origin of the negative current assets and accruals/deferred income to understand liabilities and timing of cash outflows.
• Clarify the business plan and timeline for commencing trading activities to assess future revenue prospects and capital requirements.
• Review director’s background and capacity to support company growth, including any external funding or strategic partnerships planned.