OMNIWARE LTD

Executive Summary

OMNIWARE LTD is a newly formed micro-entity with negligible financial history and minimal assets, reflecting a high risk profile at this nascent stage. While compliance filings are current and liabilities low, the absence of trading activity and limited capitalization warrant close monitoring and further investigation into business viability before considering investment. The company’s future outlook depends heavily on forthcoming operational developments and financial support from its sole controlling director.

OMNIWARE LTD - Analysis Report

Company Number: 15919444

Analysis Date: 2025-07-20 16:50 UTC

1. Risk Rating: HIGH

Justification: The company is very recently incorporated (August 2024) and has filed only initial micro-entity accounts showing minimal financial activity and assets (£60 current assets, £9 current liabilities). There is no trading history or revenue data, no employees, and net assets are negligible (£51). This early stage with minimal financial data and scale presents a high risk profile in terms of solvency and operational stability.

2. Key Concerns:

• Lack of operating history: No evidence of revenue generation or operational activity beyond nominal current assets.
• Minimal capitalization: Equity and net assets stand at only £51, which is insufficient to support meaningful business operations or absorb financial shocks.
• Single director and sole shareholder control: 100% control by one individual could concentrate risk and reduce oversight; no evidence of governance structures.

3. Positive Indicators:

• Current liabilities are very low (£9), indicating limited immediate financial obligations.
• No overdue filings or compliance issues; accounts and confirmation statement are up to date.
• Micro-entity filing status reduces administrative burden, appropriate for a startup phase.

4. Due Diligence Notes:

• Investigate business plan, funding sources, and expected revenue streams to assess viability.
• Confirm whether the company has commenced trading and review cash flow projections.
• Assess background and financial standing of the sole director/owner for potential support.
• Monitor subsequent filings for signs of operational progress or financial distress.
• Review contractual commitments or contingent liabilities not reflected in current accounts.