NIBBL EDUCATION LIMITED

Executive Summary

NIBBL EDUCATION LIMITED shows concerning financial health with persistent negative net assets and net current liabilities, indicating high solvency and liquidity risk. Despite timely filings and a committed sole director, the company’s minimal asset base and lack of growth raise serious questions about operational sustainability. Further detailed review of liabilities and business activities is recommended before considering investment.

NIBBL EDUCATION LIMITED - Analysis Report

Company Number: 13911196

Analysis Date: 2025-07-20 16:57 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity risks, evidenced by persistent negative net assets and net current liabilities in the most recent two years. This suggests an inability to meet short-term obligations without external support.

2. Key Concerns:

• Negative Net Assets and Net Current Liabilities: As of the latest accounts (28 Feb 2025), net current liabilities stand at £428 and net assets are negative £428, worsening from a negative £94 the year before. This is a critical indicator of financial distress.
• Minimal Current Assets and Cash Resources: Current assets remain static at £23 across the last three years, indicating extremely limited liquid resources to cover liabilities.
• Small Scale and Limited Operational Data: The company is categorized as micro-entity with only one employee reported and minimal financial activity, limiting evidence of operational sustainability or growth potential.

3. Positive Indicators:

• No Overdue Filings or Compliance Issues: The company’s accounts and confirmation statements are filed on time, indicating good compliance with statutory requirements.
• Single Shareholder Control: The sole director and 75-100% shareholder, Dafydd Ioan Prole, appears engaged and responsible for the company, which may facilitate swift decision-making.
• Exemption from Audit: While the company is very small, exemption from audit reduces administrative burden and costs.

4. Due Diligence Notes:

• Investigate the nature of liabilities causing negative net assets and whether they are trade payables, loans, or other obligations.
• Assess the company’s business model and revenue generation activities given the minimal assets and lack of financial growth over three years.
• Clarify any external financial support from the sole shareholder or related parties to sustain operations.
• Confirm no contingent liabilities or pending legal issues that could exacerbate financial risk.
• Review cash flow statements or bank statements if available to understand liquidity dynamics more fully.