EXPRESS FORCE LIMITED

Executive Summary

Express Force Limited is a recently incorporated micro-entity showing persistent negative net assets and working capital deficits, raising significant solvency and liquidity concerns. While compliant with filing deadlines, the company’s financial position and sole director governance structure suggest elevated risk for investors. Further detailed financial and operational due diligence is recommended to clarify sustainability.

EXPRESS FORCE LIMITED - Analysis Report

Company Number: 14114255

Analysis Date: 2025-07-29 21:04 UTC

1. Risk Rating: HIGH
   Justification: Express Force Limited exhibits significant negative net assets and working capital deficits, indicating an inability to cover short-term liabilities from current assets. The company is relatively new (incorporated 2022) and has not demonstrated financial stability or profitability, with net liabilities increasing from -£1,003 in 2023 to -£3,114 in 2024.

2. Key Concerns:

• Negative Net Assets and Working Capital: The company’s net current liabilities stood at -£14,649 and net assets at -£3,114 as of May 2024, signaling solvency issues and potential difficulties in meeting obligations as they fall due.
• Limited Financial Disclosure and No Audit: Accounts are filed under micro-entity exemptions and unaudited, reducing transparency into underlying financial health and operational performance.
• Single Director and Shareholder Concentration: One individual (Grant William Esser) holds 75-100% control and is the sole director, which raises governance and operational risk, particularly given the financial weaknesses.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is current with both annual accounts and confirmation statement filings, indicating regulatory compliance and no immediate governance red flags.
• Small Scale and Micro Entity Status: The company’s micro-entity classification limits complexity and filing obligations, which may be appropriate for its stage and scale.
• No Evidence of Insolvency Proceedings: The company is not in liquidation, administration, or receivership, suggesting operations have not yet ceased.

4. Due Diligence Notes:

• Investigate the nature of current liabilities—creditors, loans, or accruals—and whether there are overdue or disputed balances.
• Examine cash flow statements and management accounts (if available) to assess liquidity trends and operational cash generation.
• Clarify business model viability and revenue generation prospects given ongoing losses and negative equity.
• Review director’s background and track record, given sole control and financial distress signals.
• Confirm absence of undisclosed related-party transactions or contingent liabilities.