FAST POPCORN LTD

Executive Summary

Fast Popcorn Ltd is a micro private limited company recently incorporated in early 2023. Financial data indicates a solvent entity with positive net current assets and no overdue statutory filings, suggesting low immediate financial risk. However, limited operational history and single-person control warrant further due diligence to confirm ongoing business viability and governance robustness.

FAST POPCORN LTD - Analysis Report

Company Number: 14601120

Analysis Date: 2025-07-29 12:34 UTC

1. Risk Rating: LOW
   Justification: Fast Popcorn Ltd is a newly incorporated private limited company with a clean filing record, positive net current assets, and no overdue statutory filings. The director owns a controlling interest and there are no indications of financial distress or regulatory issues in the available data.

2. Key Concerns:

• Limited operational history: Incorporated in January 2023, with financials covering less than one full year, limiting trend analysis and business sustainability assessment.
• Small scale: The company is micro-sized with only one employee and modest asset base (£15,968 current assets), which may limit operational resilience.
• Concentrated control: Single director and sole significant shareholder controlling 75-100% of shares and voting rights could present governance risks or over-dependence on one individual.

3. Positive Indicators:

• Strong liquidity position: Current assets (£15,968) exceed current liabilities (£3,412) by a healthy margin (£12,556), indicating the company can meet short-term obligations.
• Clean compliance record: No overdue accounts or confirmation statements, filed on time as per Companies House records.
• Positive shareholders’ funds: Equity of £12,556 reflects retained earnings and no apparent accumulated losses, despite being a startup.

4. Due Diligence Notes:

• Verify nature of debtors (£10,681) to assess collectability and quality of receivables.
• Obtain management information or projections to understand business model, revenue generation and growth prospects given the limited financial history.
• Review director’s background and track record, given sole control and responsibility for company operations.
• Confirm no contingent liabilities or off-balance sheet obligations exist beyond what is disclosed.