Company Number: 13785910

Analysis Date: 2025-07-20 17:17 UTC

1. Risk Rating: LOW
   Justification: Expedimus Limited appears financially stable with positive net current assets and growing shareholders’ funds over the last two reported years. The company is current on all filings with no overdue accounts or confirmation statements. It is a micro-entity with minimal liabilities and steady asset growth, reducing immediate solvency and liquidity concerns.

2. Key Concerns:

• Limited financial disclosure: As a micro-entity, the company files abbreviated accounts with no profit and loss details, restricting full assessment of profitability or cash flow dynamics.
• Concentrated control: One individual holds 75-100% of shares and voting rights, which could present governance risks or succession vulnerabilities.
• Small scale: With only 2 employees and micro-entity status, the company may be vulnerable to operational disruptions or market shifts due to limited resources.

3. Positive Indicators:

• Positive working capital: Current assets exceed current liabilities by approximately £51k at the latest year-end, indicating good short-term liquidity.
• Increasing equity: Shareholders’ funds increased from £34.6k to £51.3k over two years, showing retained earnings or capital injections improving financial strength.
• No overdue filings or compliance issues: The company maintains timely statutory filings and remains in active status, reflecting sound governance practices.

4. Due Diligence Notes:

• Obtain detailed management accounts or profit and loss statements to assess earnings quality, cash flow stability, and profitability trends.
• Review contractual arrangements and client base to evaluate revenue sustainability, given the small operational scale and consultancy focus.
• Assess director background and related party transactions due to concentrated ownership by Mr. Paul Richard Bennett.
• Confirm absence of contingent liabilities or off-balance sheet commitments that could affect solvency.
• Monitor any changes in shareholding or control that might affect governance or strategic direction.