ON POINT ELECTRICAL SOLUTIONS LTD

Executive Summary

ON POINT ELECTRICAL SOLUTIONS LTD is a micro-entity showing positive net asset growth and compliance with filing requirements. However, its very small scale and lack of detailed financial disclosures warrant further investigation into operational and liquidity stability. Overall, the company presents low solvency risk but limited capacity and financial transparency.

ON POINT ELECTRICAL SOLUTIONS LTD - Analysis Report

Company Number: 12993747

Analysis Date: 2025-07-20 14:27 UTC

1. Risk Rating: LOW

The company demonstrates a positive net asset position with a stable balance sheet for a micro-entity. There are no overdue filings or indications of financial distress. The sole director appears compliant with reporting obligations, and the business operates within a clear niche (electrical installation).

2. Key Concerns:

• Extremely limited scale: The company operates with only one employee (the director), which may pose operational risks if that individual is unavailable or capacity is constrained.
• Minimal share capital (£1.00) and small asset base, limiting financial flexibility.
• Lack of detailed profit and loss data (not filed) restricts insight into profitability and cash flow dynamics.

3. Positive Indicators:

• Net assets have improved substantially from £1,370 in 2022 to £20,471 in 2023, reflecting growth or asset acquisition.
• Current assets sufficiently cover current liabilities, leading to a marginally positive net working capital.
• No overdue statutory filings, indicating good regulatory compliance and governance.
• Established website and VAT registration suggest operational legitimacy and active trading.

4. Due Diligence Notes:

• Obtain full profit and loss statements and cash flow data to assess operational profitability and liquidity trends.
• Verify the nature of fixed assets and how they contribute to revenue generation.
• Assess client base, contracts, and revenue streams to understand business sustainability and growth prospects.
• Review director background and any potential conflicts or risks related to single-person management.
• Confirm VAT registration status and compliance with tax obligations.