GLOBAL SALMON INITIATIVE LIMITED

Executive Summary

Global Salmon Initiative Limited demonstrates low financial risk with positive net current assets and timely regulatory compliance. However, its small scale, sole director control, and unaudited accounts warrant further review of operational details and governance practices to confirm long-term stability.

GLOBAL SALMON INITIATIVE LIMITED - Analysis Report

Company Number: 13099915

Analysis Date: 2025-07-20 14:49 UTC

1. Risk Rating: LOW
   Global Salmon Initiative Limited exhibits a solid financial position for a micro-entity, with consistent net current assets and no overdue filings, indicating low immediate risk.

2. Key Concerns:

• Limited scale of operations as indicated by micro-entity status and very modest fixed assets, which may constrain growth potential.
• Reliance on a single director who also holds significant control, potentially raising governance and succession risks.
• Lack of audit due to micro-entity exemption means financial statements are unaudited, which may limit external verification of financial accuracy.

3. Positive Indicators:

• Strong positive net current assets (£130k as at 2023) consistently increasing over recent years, reflecting good short-term financial health.
• Up-to-date statutory filings with no overdue accounts or confirmation statements, demonstrating regulatory compliance.
• Growing employee base (from 1 to 3) suggests operational expansion or increasing activity.
• Shareholders funds have increased steadily year-on-year, indicating retained surpluses or capital contributions.

4. Due Diligence Notes:

• Review detailed financial notes (if available) to assess revenue streams, profitability, and cash flow trends beyond balance sheet snapshots.
• Confirm the nature and source of current assets (cash, receivables, other) to evaluate liquidity quality.
• Assess director’s background and any potential conflicts of interest given sole control and directorship.
• Analyze industry positioning in marine aquaculture and membership organization activities to understand business sustainability and market risks.