IPOB WORLDWIDE LIMITED
Company number 13127887 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
IPOB WORLDWIDE LIMITED - Analysis Report
Company Number: 13127887
Analysis Date: 2025-07-19 12:26 UTC
Risk Rating: HIGH
The company demonstrates significant solvency and liquidity risks, evidenced by persistent and substantial net liabilities exceeding £25,000 and current liabilities surpassing current assets by a large margin. The absence of employees and a negative net asset position raise serious concerns about operational sustainability.Key Concerns:
- Negative Net Assets and Working Capital Deficiency: The company has net liabilities of approximately £25,830 as of the latest accounts, with current liabilities (~£25,456) vastly exceeding current assets (£1), indicating an inability to meet short-term obligations.
- No Reported Income or Employees: The accounts show zero employees and minimal asset base, suggesting limited or no ongoing trading activity which undermines operational stability.
- Micro-Entity Filing with No Profit and Loss Account Filed: While compliant with micro-entity filing exemptions, the lack of detailed financial performance data limits transparency and assessment of business viability.
- Positive Indicators:
- Up-to-Date Filings and Compliance: The company is current with its annual accounts and confirmation statement filing deadlines, indicating adherence to statutory requirements and regulatory compliance.
- Clear Ownership and Control Structure: Significant control is clearly documented, with a single shareholder holding 75-100% of shares and directors identified, which supports governance transparency.
- No Indication of Insolvency Proceedings: The company is active and not in liquidation, administration, or receivership, suggesting no formal insolvency process is underway.
- Due Diligence Notes:
- Investigate the nature and settlement plans for the substantial current liabilities given the absence of corresponding current assets.
- Review any off-balance-sheet arrangements or related party transactions that might affect liquidity or solvency.
- Clarify the company's business model and revenue generation strategy given the lack of employees and minimal asset base.
- Confirm whether the company has access to external funding or guarantees that support ongoing operations.
- Assess the directors’ plans to restore financial health or manage creditor obligations.
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