LUMINESCENCE AUTOMOTIVE LTD

Executive Summary

Luminescence Automotive Ltd is a newly formed micro-entity with a clean and simple financial position, showing no current liabilities and positive net assets. While regulatory compliance is satisfactory, the company's limited operating history and very small asset base warrant further investigation into its commercial activities and growth plans. Overall, the company presently exhibits a low risk profile based on available financial and compliance data.

LUMINESCENCE AUTOMOTIVE LTD - Analysis Report

Company Number: 14720186

Analysis Date: 2025-07-29 18:03 UTC

1. Risk Rating: LOW

Justification: Luminescence Automotive Ltd is a newly incorporated micro-entity with minimal liabilities and positive net current assets. The company has filed accounts and confirmation statements on time, showing compliance and operational legitimacy. The balance sheet shows a modest but positive net asset position without any creditors, indicating no immediate solvency or liquidity concerns.

2. Key Concerns:

• Limited operating history: Incorporated in March 2023, the company has only one financial period reported, which restricts trend analysis and financial performance assessment.
• Minimal asset base: Total net assets of £834 and fixed assets of £127 suggest a very small scale of operations, which could imply limited revenue-generating capacity.
• No employees reported: The accounts disclose zero employees, indicating potential reliance on directors or contractors, which may affect operational scalability and sustainability.

3. Positive Indicators:

• Clean balance sheet: No current or long-term liabilities reported, suggesting no debt burden or creditor pressure.
• Timely filings: Both accounts and confirmation statements are up to date, reflecting good regulatory compliance.
• Clear ownership and control: Two directors each hold significant shares and voting rights with rights to appoint/remove directors, indicating stable governance structure.

4. Due Diligence Notes:

• Investigate the nature and scale of business activities since inception, including revenue generation and customer base.
• Confirm sources of funding and capital contribution to understand financial backing beyond reported equity.
• Assess directors’ experience and plans for growth to evaluate operational stability and future prospects.
• Review any off-balance sheet liabilities or contingent risks not disclosed in the micro-entity accounts.