NTSS DEVELOPMENT LTD

Executive Summary

NTSS DEVELOPMENT LTD, a micro-entity incorporated in mid-2023 and engaged in building project development, reports a negative net asset position and lacks operational data, indicating heightened solvency and liquidity risks. While compliance with filing requirements is maintained, the limited financial history and absence of turnover or employees highlight significant uncertainty regarding sustainability. Further investigation into liabilities, cash flow, and business plans is essential before considering investment.

NTSS DEVELOPMENT LTD - Analysis Report

Company Number: 14971661

Analysis Date: 2025-07-20 12:13 UTC

1. Risk Rating: HIGH
   The company shows a net liability position with negative net current assets and shareholders' funds of £39,213 within its first year of operation, indicating immediate solvency concerns. The absence of employees and revenue data also limits visibility into operational viability.

2. Key Concerns:

• Solvency risk due to negative net assets (£-39,213) and current liabilities exceeding current assets, suggesting the company may struggle to meet short-term obligations.
• Lack of operational data such as turnover, employees, or cash flow, raising questions about business sustainability and revenue generation.
• Newly incorporated company with only one year of accounts and no audit, limiting historical financial insight and increasing uncertainty.

3. Positive Indicators:

• Timely filing of accounts and confirmation statements, indicating regulatory compliance and good governance practices to date.
• Directors appear to have relevant control and direct involvement, potentially enabling agile decision-making.
• Company classification as a micro-entity may reduce administrative burdens in early growth phase.

4. Due Diligence Notes:

• Investigate the nature and source of the current liabilities of £39,213 and whether these are due to initial setup costs or operational expenses.
• Seek detailed cash flow projections and any capital injection plans from shareholders to understand plans to rectify negative equity.
• Clarify business model, contracts or pipeline to assess revenue prospects and sustainability beyond initial year.
• Confirm any related party transactions or director loans that may underpin the current financial position.