ITEA SOLUTIONS LIMITED

Executive Summary

ITEA SOLUTIONS LIMITED is a newly established micro private limited company with a positive net asset position and compliant filing history, indicating a low immediate risk profile. However, the company’s very limited financial history and sole director/shareholder structure warrant further operational and governance due diligence to confirm sustainability and risk exposure. The available data reflects a stable but nascent business position typical for a start-up entity.

ITEA SOLUTIONS LIMITED - Analysis Report

Company Number: 14501825

Analysis Date: 2025-07-29 12:41 UTC

1. Risk Rating: LOW

Justification: ITEA SOLUTIONS LIMITED is a recently incorporated micro-entity with modest but positive net assets (£9,657) and no overdue filings, indicating compliance and initial financial stability. The company’s net current assets exceed current liabilities, suggesting adequate short-term solvency for its scale at this early stage.

2. Key Concerns:

• Limited financial history and scale: As a micro-entity incorporated less than two years ago, the company’s operating track record and financial resilience remain unproven.
• Concentration of control: The sole director and 75-100% shareholder is the same person, which may pose governance risks and limit oversight.
• Lack of detailed income or cash flow data: The absence of an income statement and cash flow information makes it difficult to assess operational profitability and liquidity trends.

3. Positive Indicators:

• Compliance: All statutory filings, including accounts and confirmation statement, are up to date with no overdue reports or penalties.
• Positive net working capital: Current assets significantly exceed current liabilities, suggesting the ability to meet short-term obligations.
• Clear ownership and management structure: One director with full control simplifies decision-making and accountability.

4. Due Diligence Notes:

• Request management accounts or cash flow forecasts to evaluate ongoing operational viability and liquidity beyond the balance sheet snapshot.
• Assess the business model and pipeline given the IT consultancy SIC codes to understand revenue generation potential.
• Review director background and any related party transactions due to single-person control.
• Confirm absence of contingent liabilities or off-balance sheet obligations not reflected in the micro-entity accounts.