Company Number: 13100863

Analysis Date: 2025-07-20 11:43 UTC

1. Risk Rating: LOW
   Margeverse Limited demonstrates solid financial health with strong net current assets, positive net assets, and no overdue filings. The company maintains adequate liquidity and appears operationally stable for its size and industry.

2. Key Concerns:

• Significant corporation tax creditor (£92,264 in 2022), which could impact short-term cash flows if not managed properly.
• Reduction in cash and current assets from 2021 to 2022 may warrant monitoring for trends in liquidity.
• Reliance on a single director and sole significant controller (Ms. Marea Stamper) presents potential governance and succession risk.

3. Positive Indicators:

• Consistently positive net current assets (£205k in 2022) and net assets (£214k in 2022), indicating solvency and ability to cover liabilities.
• No overdue statutory filings and compliance with Companies House deadlines suggest good regulatory adherence.
• The company operates in a niche sector (sound recording and music publishing) with tangible fixed assets related to its operations, indicating operational activity and investment.

4. Due Diligence Notes:

• Review the corporation tax position and payment schedule to assess any risk of tax-related cash flow strain.
• Examine debtor aging and collectability of the £195k debtors balance to confirm liquidity quality.
• Evaluate the director’s capacity and any contingency plans given the single-person control structure.
• Confirm the sustainability of revenue streams and profitability trends beyond balance sheet data, as profit and loss details are limited.
• Investigate any contingent liabilities or off-balance sheet risks not disclosed in the accounts.