FLEX DRIVING ACADEMY LTD

Executive Summary

FLEX DRIVING ACADEMY LTD’s financial profile reflects a micro-entity with minimal net assets and working capital, suggesting high solvency and liquidity risk. While regulatory compliance and stable director appointments are positive, the limited financial scale and lack of detailed performance data present significant concerns over operational sustainability. Further due diligence on underlying business fundamentals and cash flow is recommended to better assess investment risk.

FLEX DRIVING ACADEMY LTD - Analysis Report

Company Number: 13246075

Analysis Date: 2025-07-20 12:49 UTC

1. Risk Rating: HIGH
   The company exhibits extremely limited net assets (only £8 as of the latest accounts) and minimal working capital, indicating very thin financial buffers. The micro-entity scale and lack of material equity raise concerns about the company’s ability to meet obligations and sustain operations without external support.

2. Key Concerns:

• Minimal Net Assets and Working Capital: Net current assets have declined significantly from £27 to £8 in the most recent year, showing very limited liquidity cushion.
• Very Small Capital Base: Share capital and equity stand at nominal amounts (£1 share capital, £8 equity), suggesting limited financial resilience.
• Lack of Financial Detail and Scale: As a micro-entity with minimal turnover figures disclosed, there is insufficient financial depth to assess profitability or cash flow sustainability.

3. Positive Indicators:

• Good Compliance Record: No overdue filings for accounts or confirmation statements indicate sound regulatory compliance practices.
• Active Status With No Liquidation: The company remains active with no signs of insolvency proceedings.
• Consistent Director Appointment: Stable leadership with the same director since incorporation provides some operational continuity.

4. Due Diligence Notes:

• Investigate the company’s revenue generation, profitability, and cash flow beyond micro-entity balance sheet data to assess operational viability.
• Review any off-balance-sheet liabilities or contingent risks that are not visible in micro-entity accounts.
• Confirm the source of working capital and whether the company relies on director loans or other external funding.
• Assess the market positioning and competitive environment in the "Other service activities not elsewhere classified" sector to understand sustainability.