FPB CYBER LIMITED

Executive Summary

FPB CYBER LIMITED is a micro-entity IT consultancy newly formed in 2023 with limited operating history and a tight liquidity position. While it maintains positive net assets and complies with regulatory filings, the minimal working capital buffer and presence of long-term liabilities suggest moderate solvency and liquidity risk. Further due diligence on cash flow forecasts and creditor terms is warranted to evaluate operational sustainability.

FPB CYBER LIMITED - Analysis Report

Company Number: NI699525

Analysis Date: 2025-07-20 15:19 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated (July 2023) and small in scale (micro-entity), with very limited financial history. The balance sheet shows positive net assets (£2,066) and net current assets (£609), but current liabilities are almost equal to current assets, indicating tight liquidity. The presence of long-term creditors (£2,143) further stresses obligations. These factors suggest moderate solvency and liquidity risk at this early stage.

2. Key Concerns:

• Tight Liquidity Position: Current assets (£13,209) barely exceed current liabilities (£12,600), leaving a small net working capital buffer (£609). This could constrain operational cash flow and ability to meet short-term obligations.
• Long-Term Liabilities: Creditors due after one year total £2,143, which could pressure cash flow in future periods, especially if revenue does not grow.
• Limited Operating History: Incorporated only in July 2023 with one employee and micro-entity accounts, there is insufficient track record to reliably assess business sustainability or revenue generation capability.

3. Positive Indicators:

• Positive Net Assets and Shareholders’ Funds: Net assets and equity stand at £2,066, indicating the company is not insolvent and has some capital backing.
• Compliance with Filing Requirements: No overdue accounts or confirmation statements; filings are up to date, suggesting good regulatory compliance.
• Single Controlling Shareholder/Director: Mrs. Fionnuala Letitia Moorhead holds 75-100% ownership and voting rights, enabling streamlined decision-making and control.

4. Due Diligence Notes:

• Review detailed cash flow projections and contracts/orders to assess sustainability and revenue pipeline.
• Investigate the nature and terms of the long-term creditors (£2,143) to understand potential repayment burdens.
• Verify the business model and initial trading results given only one employee and early stage of operations.
• Assess any director conduct records or background checks on Mrs. Moorhead to confirm governance stability.
• Monitor subsequent filings and financial updates to track liquidity and solvency trends.