GO ENTERPRISE SOFTWARE LTD

Executive Summary

GO ENTERPRISE SOFTWARE LTD, incorporated in 2023 and operating in IT services, currently exhibits significant financial distress with negative net assets and limited liquidity. Despite compliance with filing requirements, the absence of employees and minimal assets suggest the company has not yet established operational stability. Further investigation into its business activities and financial obligations is necessary to assess future viability.

GO ENTERPRISE SOFTWARE LTD - Analysis Report

Company Number: 14862008

Analysis Date: 2025-07-20 17:19 UTC

1. Risk Rating: HIGH
   The company shows a negative net asset position (£-10,725) as per its latest micro-entity accounts, indicating insolvency on a balance sheet basis. Current liabilities (£11,189) exceed current assets (£464) by a significant margin, suggesting liquidity concerns.

2. Key Concerns:

• Solvency: Negative net assets signal that the company’s liabilities exceed its assets, raising solvency risk.
• Liquidity: Minimal current assets relative to creditors due within one year imply potential cash flow difficulties to meet short-term obligations.
• Operational Scale: No employees reported and very limited assets indicate the company is likely at an early or dormant operational stage without active trading or revenue generation.

3. Positive Indicators:

• Compliance: Accounts and confirmation statement filings are up to date with no overdue filings, suggesting regulatory compliance and governance discipline.
• Clear Control: Single director and 75-100% shareholder control by Nazmul Islam may facilitate rapid decision making.
• Industry Focus: Active in IT consultancy and software development, sectors with growth potential if operationalized effectively.

4. Due Diligence Notes:

• Investigate whether the company has commenced trading or generated any revenues since incorporation.
• Clarify the nature of the liabilities causing the negative net asset position—are these loans, unpaid invoices, or intercompany balances?
• Assess the company’s business plan, funding sources, and cash flow projections to understand sustainability and turnaround potential.
• Verify absence of related party transactions or director loans that may impact financial stability.
• Confirm there are no director disqualifications or regulatory issues beyond Companies House filings.