LUMOO LIMITED
Company number 07850547 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
Investment Risk Analysis: LUMOO LIMITED (07850547)
1. Risk Rating: HIGH
Justification: The company is recorded as Dissolved, which represents the most fundamental investment risk — the entity no longer exists as a going concern. Regardless of the historical financial performance, any investment thesis is rendered moot by the dissolution. The dissolution date of 14 August 2026 appears anomalous (future-dated) and warrants clarification, but the status itself is definitive.
2. Key Concerns
Concern 1: Company Status — Dissolved The company has been struck off the register. This eliminates any possibility of ongoing business operations, contractual obligations being met, or returns to shareholders. The dissolution is the paramount concern that supersedes all other financial metrics.
Concern 2: Declining Cash Position in Final Years While the company demonstrated impressive growth in net assets from -£10,334 (2012) to £120,611 (2021), the cash position deteriorated significantly in the final two reporting periods — from £151,296 (2019) to £102,040 (2020) to £83,246 (2021). This £68,050 (45%) decline over two years may indicate cash flow pressure that contributed to the cessation of trading.
Concern 3: Minimal Share Capital with Significant Liabilities Share capital stands at just £110, yet total liabilities reached £107,862 by 2021. The company's growth was funded almost entirely through retained profits and creditor financing rather than equity, creating a fragile capital structure dependent on continued trading success.
3. Positive Indicators
-
Consistent Net Asset Growth: Net assets improved every year from 2013 onwards, moving from negative equity to a £120,611 surplus — demonstrating the business model was viable for an extended period.
-
Positive Shareholders' Funds: The accumulated P&L reserve grew steadily, indicating the company was profitable and retaining earnings rather than distributing them unsustainably.
-
No Filing Delays: Accounts and confirmation statements were filed on time, suggesting adequate administrative compliance during the operating period.
-
Low Leverage Relative to Assets: Total liabilities of £107,862 against total assets of £261,890 represents a reasonable debt-to-asset ratio of approximately 41%, not indicative of over-leveraging.
4. Due Diligence Notes
| Item | Investigation Required |
|---|---|
| Dissolution circumstances | Determine whether dissolution was voluntary (strike-off) or compulsory. Check the Gazette for notices. A voluntary strike-off by directors suggests orderly wind-down; compulsory dissolution may indicate creditor action. |
| Creditor settlement | Investigate whether all creditors were paid prior to dissolution. With £107,862 in liabilities, unpaid creditors may have grounds to object to the strike-off. |
| Anomalous dissolution date | The 2026 date is inconsistent with a "Dissolved" status. Verify with Companies House whether this is a data error, a future effective date, or indicates a restoration application is pending. |
| Director history | Mr Matthew James Stringer remains listed as a current director despite dissolution. Check his other directorships for patterns of company closures. |
| Asset realisation | With £261,890 in total assets at last filing, understand how these were disposed of — particularly £83,246 in cash. This may be relevant if creditor claims remain outstanding. |
| Related party transactions | The PSC structure (Stringer 50-75%, Bestwick 25-50%) suggests potential for asset extraction before dissolution. Review the final accounts for related party disclosures. |
| Accounts text quality | The latest filed accounts text appears to be encoded/corrupted data rather than readable financial statements. Request the original filing from Companies House for proper review. |