MARK COX LIMITED

Executive Summary

MARK COX LIMITED is a recently incorporated micro-entity operating in freight transport with minimal turnover and equity. The company maintains compliance with filing obligations but exhibits early-stage liquidity challenges reflected by negative working capital and zero net assets. Further analysis of cash flows and business operations is recommended to assess its ongoing financial stability and operational viability.

MARK COX LIMITED - Analysis Report

Company Number: 14633831

Analysis Date: 2025-07-29 17:44 UTC

1. Risk Rating: MEDIUM
   Despite being a newly incorporated micro-entity with minimal turnover and zero net assets, the company is currently solvent with no overdue filings. However, the negative net current assets and minimal equity base highlight potential liquidity and capitalization concerns typical for a start-up in the freight transport sector.

2. Key Concerns:

   • Negative Working Capital: Net current assets stand at -£1, indicating liabilities slightly exceed current assets, which may impair short-term liquidity.
   • Minimal Capitalization: Shareholders’ funds are reported as zero, suggesting the company has not injected significant equity capital to support operations or absorb losses.
   • Newly Established with Limited Financial History: Incorporated in early 2023, the business has only one financial period completed, limiting the ability to assess operational sustainability or growth trends.

3. Positive Indicators:

   • Compliance with Statutory Filing Requirements: The company has filed accounts and confirmation statements on time, demonstrating good regulatory compliance and governance discipline.
   • No Indications of Insolvency or Liquidation: The company status is active, with no signs of distress such as administration or liquidation proceedings.
   • Director and Shareholder Alignment: The sole director is also the majority shareholder with full control, which can facilitate streamlined decision-making.

4. Due Diligence Notes:

   • Cash Flow and Funding Sources: Investigate cash flow statements or bank statements to confirm the company’s ability to meet short-term obligations given negative working capital.
   • Business Model Viability: Assess the freight transport operations, including contracts, client base, and margins, to evaluate sustainability beyond the start-up phase.
   • Director’s Background and Financial Support: Review the director’s professional history and capacity to provide additional capital or guarantees if needed.
   • Confirm Off-Balance Sheet Liabilities: Although none were disclosed, verify any contingent liabilities or commitments not reflected in the accounts.