HELIX TECHNOLOGY SOLUTIONS LTD
Executive Summary
Helix Technology Solutions Ltd is a recently formed micro-entity operating in IT consultancy, demonstrating sound compliance and a positive net asset base. Limited historical financial data and small scale present some risks regarding sustainability and financial resilience. Overall, the company appears low risk at this early stage but warrants further review of operational cash flows and governance arrangements.
View Full Analysis Report →Company Analysis
This analysis is opinion only and should not be interpreted as financial advice.
HELIX TECHNOLOGY SOLUTIONS LTD - Analysis Report
Risk Rating: LOW
The company is newly incorporated with micro-entity status, showing a positive net asset position and no overdue filings. The small scale and clean compliance record mitigate immediate risk.Key Concerns:
- Limited financial history due to incorporation in July 2023 limits trend analysis and visibility on operational sustainability.
- Micro-entity status and relatively low net current assets (£9,195) indicate limited financial buffer to absorb shocks or fund growth.
- Concentrated ownership and control between two directors/shareholders could pose governance risks if conflicts arise or if key individuals are unavailable.
- Positive Indicators:
- Up-to-date statutory filings with no overdue accounts or confirmation statements, indicating good regulatory compliance.
- Positive net assets (£7,695) and net current assets suggest the company currently meets short-term obligations.
- Clear business focus in IT consultancy with an active website and professional contact information, reflecting operational activity.
- Due Diligence Notes:
- Review detailed cash flow and P&L data (not currently filed) to assess profitability and liquidity over the first year.
- Investigate any related party transactions or loans given the close family/director shareholding structure.
- Confirm the nature and stability of client contracts and revenue streams given the newness of the business.
More Company Information
Recently Viewed
Follow Company
- Receive an alert email on changes to financial status
- Early indications of liquidity problems
- Warns when company reporting is overdue
- Free service, no spam emails Follow this company