FORTBRIDGE LTD

Executive Summary

Fortbridge Ltd presents a low solvency and liquidity risk profile with solid net current assets comfortably covering its liabilities. The company maintains good compliance with filing obligations and shows signs of operational stability despite its micro-entity scale. The primary area for further investigation is the decrease in net assets and the underlying operational performance given limited disclosure inherent to micro companies.

FORTBRIDGE LTD - Analysis Report

Company Number: 13006694

Analysis Date: 2025-07-20 14:40 UTC

1. Risk Rating: LOW
   The company demonstrates healthy net current assets and net assets relative to its micro size, with no overdue filings or indications of financial distress. Its current liabilities are well covered by current assets, signaling sound short-term solvency.

2. Key Concerns:

• Declining net assets: Net assets reduced from £216,415 in 2023 to £186,335 in 2024, a 14% decrease that merits monitoring for trend continuation.
• Limited capital base: Share capital is minimal (£100), which is typical for micro-entities but indicates low equity buffer.
• Small scale and limited financial disclosure: As a micro-entity with exemption from audit, detailed financial health and operational performance insights are limited.

3. Positive Indicators:

• Strong liquidity position: Net current assets of £183,661 significantly exceed current liabilities of £38,394, indicating good short-term liquidity.
• Timely compliance: Accounts and confirmation statements are up to date with no overdue filings, reflecting good governance and regulatory compliance.
• Steady operational growth: Employee count increased from 2 to 3, suggesting modest business expansion or stability.

4. Due Diligence Notes:

• Review detailed profit and loss data to understand causes of net asset decline and overall profitability.
• Assess cash flow statements if available to verify operational cash generation and liquidity sustainability.
• Investigate client base and contract stability given the IT consultancy SIC code to evaluate business sustainability.
• Confirm backgrounds and qualifications of directors, particularly given both directors share surnames and nationalities, to understand governance structure.
• Verify any off-balance-sheet liabilities or contingent risks not apparent in micro-entity filings.