GSP17 LTD
Executive Summary
GSP17 LTD is a micro-entity with a clean compliance record and positive net assets, indicating low immediate financial risk. However, its limited operating history and small scale suggest caution until further operational and financial data become available. Investor concerns should focus on governance concentration and business sustainability going forward.
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This analysis is opinion only and should not be interpreted as financial advice.
GSP17 LTD - Analysis Report
Risk Rating: LOW
The company is newly incorporated (2023) and classified as a micro-entity, with a positive net asset position and net current assets slightly above zero. There are no overdue filings or indications of insolvency or regulatory non-compliance.Key Concerns:
- Limited operating history: Being less than two years old, there is limited financial track record to assess long-term viability or operational stability.
- Minimal scale: With only one employee and modest asset base, the company may be vulnerable to operational disruptions or cash flow shocks.
- Concentrated control: One director and sole shareholder (Gary Prince) has full control, which could present governance risks in the absence of independent oversight.
- Positive Indicators:
- Compliance: All statutory filings (accounts and confirmation statements) are up to date with no overdue notices or penalties.
- Positive working capital: Current assets exceed current liabilities, indicating the company can meet short-term obligations.
- Clean status: The company is active, not in liquidation or administration, and the director has no public disqualification records.
- Due Diligence Notes:
- Investigate the nature and sustainability of the company’s revenue streams given the SIC code 74909, which is a broad professional services category.
- Review cash flow forecasts and any significant contracts or customer relationships to assess operational stability.
- Confirm the director’s experience and capability to grow and manage the business beyond the start-up phase.
- Understand the company’s plans for scaling and risk mitigation given its small size and single-person management structure.
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