IB CONSULTING SERVICES LIMITED
Executive Summary
IB Consulting Services Limited is a recently established micro-entity showing compliance with statutory requirements and a modest but positive financial position. While current solvency and liquidity risks appear low, the company’s limited operating history and small scale warrant ongoing monitoring. Governance concentration in a single individual is a key factor to consider in risk assessment.
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This analysis is opinion only and should not be interpreted as financial advice.
IB CONSULTING SERVICES LIMITED - Analysis Report
Risk Rating: LOW
IB Consulting Services Limited is a newly incorporated micro-entity with a modest net asset position and no overdue filings. The company appears compliant with statutory requirements, and its financial position shows positive net current assets, suggesting low immediate solvency risk.Key Concerns:
- Limited Operating History: Incorporated in January 2024, the company has only one reported financial period, limiting the ability to assess ongoing operational stability or profitability trends.
- Minimal Asset Base: Total net assets of £2,297 and current assets of £10,081 indicate a very small scale operation, which could be vulnerable to unexpected cash flow shocks.
- Single Director and Shareholder Concentration: Mr. Ian Blunt owns 75-100% of shares and voting rights, presenting potential governance risks related to lack of board diversity and dependence on one individual.
- Positive Indicators:
- Compliance with Filing Deadlines: Both annual accounts and confirmation statements are filed timely, indicating good regulatory compliance.
- Positive Net Current Assets: The company’s net current assets of £3,312 suggest short-term obligations can be met from current assets.
- No Indication of Financial Distress: No overdue accounts, no signs of liquidation or administration, and director confirms no requirement for audit, consistent with micro-entity status.
- Due Diligence Notes:
- Review the company’s cash flow statements and profit and loss details (not filed publicly) to understand revenue generation and sustainability.
- Monitor future filings for consistency in compliance and financial performance.
- Assess Mr. Blunt’s background and capacity to manage the company given the single-person control structure.
- Investigate any related party transactions or loans given the small scale and sole director/shareholder setup.
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