NI CYBER CLUSTER C.I.C.

Executive Summary

NI Cyber Cluster C.I.C. is a micro-sized, early-stage management consultancy showing stable liquidity but signs of mild financial strain due to negative net assets. The company has strong working capital but low turnover, indicating an incubation phase. Focused efforts on capital strengthening and revenue growth are recommended to improve its financial health and ensure sustainable development.

NI CYBER CLUSTER C.I.C. - Analysis Report

Company Number: NI682893

Analysis Date: 2025-07-29 18:47 UTC

Financial Health Assessment for NI CYBER CLUSTER C.I.C.

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1. Financial Health Score: C (Fair)

Explanation:
NI Cyber Cluster C.I.C. shows signs of financial stability in terms of liquidity and working capital, but there are some early symptoms of distress in net asset position which needs attention. The company is a micro entity with limited turnover and assets, typical for its size and stage. The negative net assets for the latest year suggest a mild imbalance between liabilities and assets, but not severe enough to indicate imminent failure.

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2. Key Vital Signs

Metric	Latest (2023)	Interpretation
Turnover (2022)	£1,500	Very low sales revenue, typical for a start-up or early-stage entity.
Current Assets	£27,724	Healthy level of short-term assets (cash or receivables) to cover immediate obligations.
Net Current Assets	£41,982	Positive working capital indicates sufficient liquidity to meet short-term liabilities.
Net Assets	-£2,040	Negative net assets ("thin capitalisation") suggest liabilities slightly exceed total assets.
Shareholders’ Funds	£2,040	Positive equity in prior years, but declining trend to negative net assets in 2023.
Average Employees	0	No staff employed, possibly reliant on directors or contractors.

Interpretation of Vital Signs:
The company maintains a healthy "cash flow pulse" with positive working capital and current assets exceeding current liabilities. However, the "symptom" of negative net assets indicates a potential "deficiency in capital strength," which could limit ability to absorb unexpected losses or invest in growth. The low turnover implies minimal trading activity or early development phase.

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3. Diagnosis

NI Cyber Cluster C.I.C. is operating as a micro private limited company limited by guarantee, with low operational scale and turnover. The financial "vitals" suggest the company is maintaining liquidity and meeting immediate obligations comfortably. However, the negative net asset position in 2023 is a "warning sign" that the company’s accumulated liabilities slightly outweigh its assets, possibly due to timing differences in income recognition, accruals, or prepayments.

The lack of employees shows the company might be in incubation or relying on management and directors for operations. The company’s management consultancy SIC code (70229) aligns with a low asset, service-oriented business model.

Given the company’s micro status and early stage, the financial health is fair but requires careful monitoring to avoid deterioration. The directors’ active involvement and the single person with significant control owning 75-100% voting rights indicate strong governance but also concentrated control risk.

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4. Recommendations

• Improve Capital Reserves: Consider injecting additional capital or reserves to reverse the negative net asset position and strengthen the balance sheet "immune system" against financial shocks.

• Boost Revenue Generation: Develop strategies to increase turnover above the current nominal level (£1,500) to build a sustainable operational base and improve profitability.

• Monitor Working Capital: Continue to maintain positive net current assets to ensure liquidity remains robust.

• Cost Management: Keep administrative and operational expenses low given the current small scale and no employees.

• Governance and Transparency: Maintain clear records and timely filings to avoid compliance risks, given the company’s active status and micro size.

• Strategic Planning: Given the consultancy nature of the business, focus on client acquisition, service delivery excellence, and possibly forming partnerships for growth.

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Medical Analogy Summary

The company’s financial "heartbeat" is steady with healthy liquidity (good pulse), but the "blood pressure" (net assets) is slightly low, indicating some strain on financial strength. With attentive management and capital support, NI Cyber Cluster C.I.C. can recover full financial "vitality" and avoid "financial illness."

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