JUST A LITTLE SOMETHING LTD

Executive Summary

Just A Little Something Ltd has been consistently trading with net liabilities and negative working capital, signaling ongoing solvency and liquidity risks despite compliance with filing obligations. While management stability and increasing current assets are positive, the financial position reflects operational challenges requiring further scrutiny. Prospective investors should conduct detailed due diligence on cash flows, revenue sustainability, and management plans before engagement.

JUST A LITTLE SOMETHING LTD - Analysis Report

Company Number: 12984499

Analysis Date: 2025-07-20 18:16 UTC

1. Risk Rating: HIGH
   Just A Little Something Ltd shows persistent net liabilities and negative working capital over the last three reported years, indicating solvency and liquidity risks. The micro-entity status limits the depth of financial disclosure, but available data points to ongoing financial distress.

2. Key Concerns:

• Negative Net Assets and Shareholders’ Funds: The company’s net liabilities stood at £9,920 in 2022, improving slightly from £15,150 in prior years, but still negative, suggesting the company’s liabilities exceed its assets.
• Negative Net Current Assets: Current liabilities consistently exceed current assets (e.g., £61,586 liabilities vs. £50,396 assets in 2022), indicating liquidity challenges to meet short-term obligations.
• No Employees and Limited Operational Scale: Zero employees and minimal fixed assets imply limited operational capacity and potential reliance on directors or external contractors, raising sustainability concerns.

3. Positive Indicators:

• Timely Filing and Compliance: No overdue accounts or confirmation statements, demonstrating good regulatory compliance and governance discipline.
• Stable Directorship: The same two directors have been in place since incorporation, which may reflect stable management and oversight.
• Increased Current Assets: Current assets more than doubled from £21,105 in 2021 to £50,396 in 2022, suggesting improvement in asset liquidity or cash reserves.

4. Due Diligence Notes:

• Examine Cash Flow Details: Investigate the nature and liquidity of current assets to assess if they can realistically cover short-term liabilities.
• Review Profit and Loss Data: Although not filed publicly, request internal P&L statements to understand revenue generation, expense trends, and operational viability.
• Assess Directors’ Plans: Clarify the directors’ strategy to address ongoing deficits and improve financial health, including any plans for capital injection or restructuring.
• Confirm No Undisclosed Contingent Liabilities: Ensure no hidden liabilities or off-balance sheet obligations that may exacerbate solvency risks.