INNOHUB LTD

Executive Summary

INNOHUB LTD is an active small private limited company operating in the IT services sector with full compliance on filings and a clear ownership structure. However, the halving of net assets and cash reserves over the last year, combined with significant provisions and no employees, highlight moderate financial and operational risks. Further investigation into liabilities and liquidity is recommended to fully assess stability.

INNOHUB LTD - Analysis Report

Company Number: 13019961

Analysis Date: 2025-07-20 12:48 UTC

1. Risk Rating: MEDIUM
   The company shows a declining net asset base and cash position over recent years, which raises moderate concerns about its financial resilience. However, it remains solvent with positive net assets and no overdue filings, which mitigates immediate risk.

2. Key Concerns:

• Declining Net Assets and Cash: Net assets have halved from £1,000 in 2022 to £500 in 2023, with cash similarly reduced from £931 to £564, indicating potential liquidity stress.
• No Employees Reported: The company reports zero employees, suggesting limited operational scale or reliance on contractors, which may affect business sustainability.
• Provision for Liabilities: A provision of £371k is recorded, which is significant relative to net assets and could indicate contingent liabilities or future cash outflows.

3. Positive Indicators:

• Regular and Timely Filings: Both accounts and confirmation statements are up to date and not overdue, reflecting good compliance and governance.
• Small Company Filing Regime: The company benefits from small company exemptions, reducing administrative burdens and costs.
• Clear Ownership and Control: The sole director and 75-100% shareholder, Luis Sequeira, provides clarity of control and decision-making.

4. Due Diligence Notes:

• Investigate the nature and expected timing of the provision for liabilities to assess impact on solvency.
• Review cash flow forecasts and working capital management to determine liquidity sustainability given the downward trend.
• Assess business model and revenue generation given absence of employees and limited fixed assets.
• Confirm the reason for the reduction in share capital from £1,000 to £500 and its implications.
• Validate the operational status and client base via the company website and any available commercial information.