MATHORIZE LTD

Executive Summary

Mathorize Ltd is a recently incorporated micro-entity currently exhibiting negative net assets and net current assets, indicating early-stage solvency risks. While regulatory compliance is satisfactory and governance appears stable, the absence of employees and limited financial disclosures constrain visibility into operational stability and liquidity. Further due diligence on business plans and cash flow is recommended before investment consideration.

MATHORIZE LTD - Analysis Report

Company Number: 14730605

Analysis Date: 2025-07-20 16:06 UTC

1. Risk Rating: HIGH
   The company shows negative net assets and net current assets, indicating a potential solvency risk. As a newly incorporated entity with minimal assets and liabilities exceeding current assets, the financial position is weak. The lack of employees and early stage of operations increase uncertainty regarding operational stability.

2. Key Concerns:

• Negative net assets (£-110) and net current assets (£-110) suggest the company may have difficulty meeting short-term liabilities.
• No reported employees and minimal current assets (£990) raise concerns about the company’s ability to generate revenue or sustain operations.
• Limited financial history and no indication of revenues or profitability; as a micro-entity, detailed financial disclosures are minimal, restricting insight into future prospects.

3. Positive Indicators:

• Company is active and compliant with filing deadlines, including accounts and confirmation statements, indicating good regulatory compliance.
• Clear ownership structure with two PSCs holding 25-50% shares each and control rights, suggesting stable governance at ownership level.
• Operating in the software development industry (SIC 62012), which generally has scalable business models and growth potential.

4. Due Diligence Notes:

• Investigate the company’s business plan, funding sources, and cash flow projections to assess how it plans to address the current negative equity position.
• Confirm whether the company has any off-balance-sheet liabilities or contingent liabilities not visible in the micro-entity accounts.
• Review any trading or operational activity since incorporation to evaluate revenue generation capability and sustainability of the business model.
• Verify the background and experience of directors and PSCs to assess management capability.