MACK CONSULTANCY SERVICES LTD
Executive Summary
Mack Consultancy Services Ltd is a newly formed micro-entity with a strong net asset base and no overdue filings, suggesting low immediate risk from a solvency and compliance perspective. However, limited operating history and single-person control warrant further investigation into operational sustainability and governance practices. Early-stage financials and governance should be closely monitored to confirm ongoing stability.
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This analysis is opinion only and should not be interpreted as financial advice.
MACK CONSULTANCY SERVICES LTD - Analysis Report
Risk Rating: LOW
The company demonstrates a solid net asset position relative to liabilities, has no overdue filings, and operates within a micro-entity framework with simple financials. As a newly incorporated entity with positive net current assets and no audit requirements, the solvency and liquidity risks currently appear low.Key Concerns:
- Newly Incorporated: Established in April 2024, the company has limited operating history, which restricts the ability to assess long-term operational stability.
- Single Director and Shareholder: Control is concentrated in one individual (Mr. Hoi Hon Chan), which may pose governance and succession risks.
- No Employees: The absence of employees suggests reliance on the director or outsourced resources; operational scalability and continuity should be reviewed.
- Positive Indicators:
- Positive Net Assets and Working Capital: Net assets of £20,587 with net current assets of £22,017 indicate the company’s ability to meet short-term obligations.
- Compliance with Filings: Accounts and confirmation statement are up to date, indicating good regulatory compliance.
- Clear Ownership and Control: The 75-100% shareholding and voting rights held by the director provide clear accountability and decision-making authority.
- Due Diligence Notes:
- Verify the nature and source of current assets (e.g., cash, receivables) to confirm liquidity quality.
- Review business model and contracts to understand revenue streams and sustainability given no employees.
- Assess director’s background and any potential conflicts related to governance or financial management.
- Monitor future filings for growth trends, profitability, and any changes in financial position.
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