Company Number: 14101206

Analysis Date: 2025-07-20 18:25 UTC

1. Risk Rating: LOW
   IQ AWARDS LIMITED demonstrates modest positive net current assets, no overdue filings, and consistent shareholder equity accumulation since incorporation in 2022. The presence of net working capital and compliance with filing deadlines indicate a low immediate risk in terms of solvency and regulatory compliance.

2. Key Concerns:

• Limited scale and financial data: As a micro-entity with minimal assets (~£7,000 net assets), the company’s financial footprint is small, which may impact operational resilience.
• Director turnover: Two of three original directors resigned within the first year, potentially signaling governance or strategic shifts that warrant monitoring.
• Single employee operation: With only one employee on average in 2024, operational sustainability and capacity to scale may be constrained.

3. Positive Indicators:

• Positive net current assets and net assets increased from £5,139 (2023) to £7,076 (2024), indicating modest growth in financial stability.
• No overdue accounts or confirmation statements, reflecting sound regulatory compliance and governance discipline.
• Clear ownership structure with three significant controllers maintaining balanced shareholding and voting rights, simplifying oversight.

4. Due Diligence Notes:

• Review detailed cash flow and profit & loss data to assess revenue streams and operational profitability, which are not provided in the micro-entity accounts summary.
• Investigate reasons for early director resignations to understand any underlying governance or strategic concerns.
• Confirm business model sustainability given the micro scale and employee count, including client base and contract stability.
• Validate potential contingent liabilities or off-balance sheet risks that may not appear in micro-entity filings.