LAUNCH CONSULTING MWH LTD

Executive Summary

Launch Consulting MWH Ltd is a micro-entity operating in management consultancy with positive but declining net current assets and shareholders’ funds over recent years. The company remains compliant with statutory filings and maintains positive equity, indicating ongoing solvency. However, the reduction in liquidity buffers and limited operational scale warrant further investigation to confirm financial stability and operational sustainability.

LAUNCH CONSULTING MWH LTD - Analysis Report

Company Number: 12916487

Analysis Date: 2025-07-29 18:01 UTC

1. Risk Rating: MEDIUM
   The company demonstrates positive net current assets but shows a significant decline in working capital and shareholders' funds over recent years. The small scale of operations and limited financial disclosures constrain a full assessment, suggesting moderate solvency and liquidity risk.

2. Key Concerns:

• Declining Net Current Assets: Net current assets reduced from £36,407 in 2020 to £6,559 in 2023, indicating diminishing short-term liquidity buffers.
• Small Scale of Operations: Categorized as a micro-entity with only one employee in the latest year, raising questions about operational sustainability and growth potential.
• Director Turnover: The resignation of a director (Kevin Phillip Redman) in early 2023 may impact governance or continuity, especially given the significant shareholding and control held by key individuals.

3. Positive Indicators:

• Compliance with Filings: The company is current with both accounts and confirmation statement filings, indicating regulatory compliance and good governance discipline.
• Positive Shareholders’ Funds: Despite reductions, shareholders' funds remain positive, suggesting the company is not insolvent at the balance sheet date.
• Established Control Structure: The presence of two named persons with clear significant control and voting rights can support decisive management and oversight.

4. Due Diligence Notes:

• Review detailed income statement and cash flow information if available to assess profitability trends and cash generation.
• Investigate reasons behind the declining net current assets and shareholders’ funds, including any off-balance sheet liabilities or contingencies.
• Assess the impact of director resignation on company strategy and governance, including any changes in operational management.
• Confirm the accuracy and completeness of financial records given the unaudited status of accounts and reliance on micro-entity exemptions.