NAVIKENZ UK LTD

Executive Summary

Navikenz UK Ltd shows consistent negative equity and net current liabilities over three years, indicating solvency and liquidity risks primarily due to reliance on director funding. The company remains compliant with filings and governance, but operational viability is questionable without evident assets or capital infusion. Further investigation into cash flows and director loans is advised before investment consideration.

NAVIKENZ UK LTD - Analysis Report

Company Number: 13547023

Analysis Date: 2025-07-29 19:12 UTC

1. Risk Rating: HIGH
   The company exhibits persistent net liabilities with negative net current assets and net assets for three consecutive years, indicating insolvency risks. The director’s loan balance suggests reliance on director funding to cover obligations, with no visible assets to offset liabilities.

2. Key Concerns:

• Negative net assets and net current assets (-£2,190 as of 31/12/2023), indicating the company is insolvent on a balance sheet basis.
• Director’s loan of £2,190, showing dependence on director funding to meet liabilities, which may not be sustainable.
• Absence of any fixed or current assets reported, raising liquidity concerns and operational viability doubts.

3. Positive Indicators:

• The company is active and compliant with filing requirements, with no overdue accounts or confirmation statements.
• A single director with clear control and no reported disqualifications or governance issues.
• The company benefits from micro-entity accounting exemptions, reducing administrative burdens.

4. Due Diligence Notes:

• Investigate the nature and terms of the director’s loan and whether it is repayable or convertible to equity.
• Assess the company’s cash flow and income generation capacity beyond the balance sheet figures, especially revenue trends and client contracts.
• Confirm whether the company has any contingent liabilities or off-balance-sheet commitments not reflected in the accounts.
• Review the strategic plan for returning to solvency or potential restructuring measures.
• Consider the broader market and sector risks inherent in the management consultancy segment (SIC 70229).