FONEMEND LTD

Executive Summary

Fonemend Ltd is a recently incorporated private limited company with modest but positive financials and no compliance issues to date. While the company demonstrates sufficient liquidity to meet short-term obligations, the limited operating history and concentrated ownership highlight the need for further due diligence on business viability and management. Overall, the risk profile is low at this early stage but warrants ongoing monitoring as trading develops.

FONEMEND LTD - Analysis Report

Company Number: 15364433

Analysis Date: 2025-07-29 20:18 UTC

1. Risk Rating: LOW
   The company is newly incorporated (December 2023) and has filed recent accounts showing a positive net current asset position and no overdue filings. Initial financials indicate modest operations but sufficient working capital to meet short-term obligations.

2. Key Concerns:

• Limited operational track record: The company has less than one full year of trading, which limits the ability to assess sustainable revenue generation and profitability.
• Modest net assets and working capital: Although net current assets are positive (£8,710), the scale is small relative to potential operational needs or unexpected cash flow demands.
• Concentrated control: The sole director and 100% shareholder is the same individual, which may raise governance risks due to lack of oversight.

3. Positive Indicators:

• Compliance and governance: No overdue accounts or confirmation statements; filings are up to date.
• Positive net working capital and net assets indicate the company can meet current liabilities.
• Clear ownership and control structure provide transparency regarding decision-making authority.

4. Due Diligence Notes:

• Investigate the company’s business plan and projected cash flows to assess operational sustainability beyond the initial period.
• Review contracts or customer base to verify revenue streams and likelihood of growth.
• Confirm the director’s background and experience to evaluate management capability.
• Monitor future filings for consistency and financial performance trends as the company matures.