IMPRESSARUM LTD

Executive Summary

Impressarum Ltd is a newly incorporated micro-entity with early signs of financial strain, reflected by negative net current assets and shareholders’ funds. While regulatory compliance is satisfactory and ownership is concentrated, limited operational history and negative working capital raise concerns about short-term liquidity and sustainability. Further due diligence on cash flow and funding strategies is recommended to assess the company’s viability going forward.

IMPRESSARUM LTD - Analysis Report

Company Number: 15207692

Analysis Date: 2025-07-29 21:16 UTC

1. Risk Rating: HIGH
   Impressarum Ltd shows signs of financial stress with net current liabilities and negative net assets shortly after incorporation. The company’s micro-entity status and limited financial history provide insufficient evidence of stability.

2. Key Concerns:

• Negative Working Capital: Current liabilities (£15,542) exceed current assets (£14,952) by £590, indicating potential liquidity pressure to meet short-term obligations.
• Negative Net Assets: Shareholders’ funds are negative (£-590), which may indicate initial losses or capital inadequacy.
• Limited Operational History: Incorporated in October 2023 with only one financial year reported, limiting ability to assess operational sustainability or revenue generation.

3. Positive Indicators:

• Compliance with Filing: Accounts and confirmation statement are filed on time and show no overdue status, indicating good regulatory compliance so far.
• Single Director with Control: Helen Louise Baynham owns 75-100% of shares and voting rights, which may facilitate swift decision-making and capital injections if needed.
• Clear Business Focus: Industry classification (retail sale of clothing in specialised stores) and website indicate a defined niche (organic cotton T-shirts and handcrafted jewelry), which could support future growth.

4. Due Diligence Notes:

• Investigate the company’s cash flow and funding sources to understand how it plans to address the negative working capital and net liabilities.
• Review the business plan and sales pipeline to assess operational viability and revenue projections given the very early stage of the company.
• Validate the director’s financial backing or external financing arrangements to ensure ongoing operational support.
• Monitor future filings for improvements in financial health and any changes in director or shareholder structure.