MY EASY ACCOUNTS LIMITED

Executive Summary

MY EASY ACCOUNTS LIMITED is a newly incorporated micro-entity in the accounting sector exhibiting significant liquidity risks due to almost equal current liabilities and assets and minimal equity. While compliance with filing requirements and qualified directors are positive signs, the lack of operational scale and financial buffer raise concerns over short-term solvency and sustainability. Further investigation into liabilities composition and business activity is recommended before investment.

MY EASY ACCOUNTS LIMITED - Analysis Report

Company Number: 14719497

Analysis Date: 2025-07-29 18:02 UTC

1. Risk Rating: HIGH
   Justification: The company exhibits a significant liquidity risk with current liabilities nearly matching current assets and negligible equity, indicating potential difficulties in meeting short-term obligations. Being newly incorporated with no employees and minimal share capital, the business operational stability is uncertain. The accounts are unaudited and filed on time, but limited financial history restricts comprehensive assessment.

2. Key Concerns:

• Negative net working capital (current assets £27,087 vs. current liabilities £28,277), implying potential cash flow pressures.
• Extremely low shareholders’ funds (£65) and share capital (£2.00), suggesting minimal financial buffer.
• No employees and no revenue data presented, raising questions about operational activity and sustainability.

3. Positive Indicators:

• Accounts and confirmation statements are filed on time with no overdue filings, indicating compliance with regulatory requirements.
• Controlled and managed by two qualified professionals (chartered accountants), which may support sound financial oversight.
• Clear business focus within accounting and auditing activities (SIC 69201), a sector with established demand.

4. Due Diligence Notes:

• Investigate the nature and timing of the current liabilities to assess whether they are trade payables, accruals, or short-term borrowings.
• Clarify the company’s business model and revenue generation given zero employees and lack of profit and loss information.
• Confirm whether any external funding or shareholder loans exist that are not reflected in equity or balance sheet.
• Examine cash flow statements or bank records if available to evaluate liquidity beyond the balance sheet snapshot.
• Review directors’ plans for improving working capital and operational scale.