MINDWARE CONSULTING LIMITED

Executive Summary

Mindware Consulting Limited presents a low financial risk profile based on its positive net current assets and compliance with filing obligations. However, the company’s small scale, limited staffing, and concentrated ownership warrant further due diligence to confirm sustainable operations and cash flow stability. Overall, the company appears solvent and operationally stable within the constraints of its micro-entity classification.

MINDWARE CONSULTING LIMITED - Analysis Report

Company Number: 13787229

Analysis Date: 2025-07-29 19:38 UTC

1. Risk Rating: LOW
   Justification: The company demonstrates a positive net current asset position that has grown year-on-year, no overdue filings, and a stable governance structure. The micro-entity classification suggests a small-scale operation with limited complexity, reducing exposure to large-scale financial distress.

2. Key Concerns:

• Limited scale and single employee: The company operates with just one employee, which may constrain operational capacity and scalability.
• Concentrated control: Two individuals hold significant control, each with 25-50% shares and voting rights, which may raise risk if key personnel become unavailable.
• Lack of detailed financial disclosures: As a micro-entity, limited financial information is available, restricting deeper financial risk assessment such as profitability, cash flows, or debt structure.

3. Positive Indicators:

• Strong liquidity position: Net current assets increased from £50,188 in 2022 to £83,059 in 2023, indicating good short-term financial health and ability to meet liabilities.
• Timely compliance: No overdue accounts or confirmation statements, reflecting good regulatory compliance and governance.
• Consistent reporting and director involvement: The director who is also a PSC actively signs off on accounts, showing engaged management.

4. Due Diligence Notes:

• Verify cash flow trends and profitability beyond the balance sheet figures, as micro-entity accounts do not provide a full P&L breakdown.
• Investigate the nature of current assets to assess their liquidity quality (e.g., cash vs. receivables).
• Consider potential dependency risks related to the small number of employees and concentrated ownership/control.
• Review any related party transactions or off-balance sheet liabilities not disclosed in micro-entity accounts.
• Confirm that no director disqualifications or legal proceedings are pending that could impact operational stability.