GLOBAL WEB INNOVATION LTD

Executive Summary

Global Web Innovation Ltd demonstrates significant financial distress with persistent negative equity and insufficient liquidity to cover current liabilities. Although regulatory filings are current and no audit issues are noted, the company’s operational model and reliance on director loans pose substantial risks. Further scrutiny of its business viability and financing arrangements is recommended before considering investment.

GLOBAL WEB INNOVATION LTD - Analysis Report

Company Number: 13396743

Analysis Date: 2025-07-20 16:37 UTC

1. Risk Rating: HIGH
   Justification: The company exhibits persistent negative net assets and net current assets over multiple years, indicating solvency concerns. The low cash balance relative to current liabilities compounds liquidity risk. The absence of employees and continuing losses raise questions about operational viability.

2. Key Concerns:

• Negative shareholders' funds worsening from -£2,885 in 2023 to -£4,117 in 2024, signaling ongoing accumulated losses and erosion of equity.
• Net current liabilities of £4,117 in 2024 with only £327 cash on hand, indicating an inability to meet short-term obligations as they fall due.
• Director loans increasing to £3,413, suggesting reliance on related-party funding rather than external financing or operational cash flow.

3. Positive Indicators:

• Company remains compliant with filing deadlines for accounts and confirmation statements, evidencing regulatory compliance to date.
• No audit exemption is properly claimed under small company rules, aligning with statutory requirements.
• The director has maintained consistent involvement since incorporation, potentially supporting continuity.

4. Due Diligence Notes:

• Investigate the business model and revenue generation strategy given no employees and persistent losses.
• Review director loan agreements to assess terms, repayment plans, and potential risks to creditors.
• Confirm that there are no hidden contingent liabilities or overdue creditor claims not reflected in filings.
• Assess whether the company has any imminent plans for capital injection or operational restructuring to restore solvency.
• Validate that tax filings and other statutory obligations beyond Companies House submissions are up-to-date.