FLEXCORE GROUP LTD

Executive Summary

Flexcore Group Ltd is a newly formed micro-entity with minimal assets and no employees, indicating early-stage operational status and elevated financial risk. While compliant with statutory filings, the company's extremely limited financial scale and absence of operating history present significant concerns regarding its solvency and sustainability. Further due diligence on business activities and funding is recommended before considering investment.

FLEXCORE GROUP LTD - Analysis Report

Company Number: 15199609

Analysis Date: 2025-07-29 19:25 UTC

1. Risk Rating: HIGH
   The company is newly incorporated (October 2023) and has very limited financial data available. Its net assets are marginal at £1,418 with no employees and minimal current assets (£5,607) against current liabilities (£4,189). The absence of significant financial substance and operating scale implies a high risk from a solvency and liquidity perspective.

2. Key Concerns:

• Very Limited Operating History: Flexcore Group Ltd has only been active for slightly over a year with no reported profit and loss or operational revenues disclosed, limiting assessment of business viability.
• Minimal Net Assets and Working Capital: Net current assets are modest at £1,418, which may not support ongoing operational or financial obligations.
• No Employees/Operational Scale: The company reports zero employees including directors, raising questions about operational capacity and sustainability.

3. Positive Indicators:

• Compliance with Filings: No overdue accounts or confirmation statements, indicating regulatory compliance to date.
• Clear Ownership and Control: Ownership is concentrated with two directors/PSC individuals, providing clear governance lines.
• Micro-Entity Reporting: Use of micro-entity accounting reduces administrative burden given the company's small scale.

4. Due Diligence Notes:

• Review Business Model and Revenue Streams: Investigate the company's source of revenue, contracts, and clients to understand operational viability.
• Examine Cash Flow and Funding Sources: Clarify how the company is funding operations given limited assets and no employees.
• Director Backgrounds and Intentions: Evaluate the experience and plans of the current controlling director to assess capability and commitment.