NMXIX LTD
Executive Summary
NMXIX Ltd is a recently formed micro-entity with a modest but positive net asset position and no regulatory compliance issues. While the limited operating history and small financial base warrant caution, current data suggest low solvency and liquidity risk. Further due diligence on business operations and management capabilities is recommended to assess long-term viability.
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This analysis is opinion only and should not be interpreted as financial advice.
NMXIX LTD - Analysis Report
Risk Rating: LOW
The company is newly incorporated (October 2023) with micro-entity accounts showing positive net current assets and net assets. No overdue filings or signs of financial distress are evident, indicating low immediate risk.Key Concerns:
- Limited operating history: Being less than one year old, there is no track record to assess operational stability or profitability.
- Minimal asset base: Current assets of £2,483 and net assets of £1,195 are very modest, suggesting limited financial buffer to absorb shocks.
- Single director and sole shareholder control: Concentration of control may pose governance risks and reduce oversight.
- Positive Indicators:
- Financial position: Positive net current assets (£1,915) and net assets (£1,195) indicate the company currently meets short-term obligations.
- Compliance: No overdue accounts or confirmation statements, showing adherence to regulatory requirements.
- Clear ownership and control: The sole director and 75-100% PSC ownership provides transparency in governance.
- Due Diligence Notes:
- Investigate business plan and cash flow forecasts to assess sustainability and planned growth.
- Confirm the nature of current assets to verify liquidity quality (e.g., cash vs. receivables).
- Review director’s background and experience for operational competence and governance standards.
- Monitor future filings for evidence of trading performance and capital changes.
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