NEW PATHWAYS SUPPORT SERVICES LIMITED

Executive Summary

NEW PATHWAYS SUPPORT SERVICES LIMITED appears financially solvent with positive net assets and no compliance issues reported in its first accounting period. However, limited financial history and concentrated control warrant further investigation into operational sustainability and governance. Monitoring future performance and filings will be critical to confirming the company’s stability.

NEW PATHWAYS SUPPORT SERVICES LIMITED - Analysis Report

Company Number: 15258861

Analysis Date: 2025-07-29 14:03 UTC

1. Risk Rating: LOW

Justification: The company is recently incorporated (Nov 2023) with accounts to Nov 2024 showing positive net assets (£35,782) and net current assets (£8,684), indicating an initial stable financial position. There are no overdue filings or signs of distress such as liquidation or administration.

2. Key Concerns:

• Limited financial history: With only one accounting period reported and no profit & loss account filed, it is difficult to assess profitability and cash flow sustainability.
• Small scale operations: The company is classified as a small company but has 22 employees already, which may present operational risks if revenues do not scale accordingly.
• Director changes and control concentration: Recent director turnover and one individual controlling 75-100% of shares and voting rights may present governance concentration risk.

3. Positive Indicators:

• Positive net current assets and net assets indicate solvency and ability to meet short-term obligations as of the latest accounts.
• No overdue filings or regulatory compliance issues evident.
• The company operates in a niche sector (residential care activities), which may benefit from stable demand.

4. Due Diligence Notes:

• Review the company’s profit & loss performance when available to assess operational profitability and cash flow trends.
• Investigate contracts, revenue sources, and client base to understand business sustainability.
• Assess director governance and related-party transactions given the control concentration.
• Monitor future filings for consistency and timeliness.
• Evaluate the impact of tangible asset additions and depreciation on capital expenditure and financial health.