OODLES OF STUFF LTD

Executive Summary

OODLES OF STUFF LTD is a very recently incorporated micro-entity currently exhibiting negative net assets and working capital, which places it at high risk from a financial stability perspective. While it maintains good compliance discipline and clear governance, the lack of operational scale and negative equity warrant close scrutiny of its funding strategy and business viability before investment consideration. Further due diligence on liabilities and future cash flow plans is essential to assess the potential to meet obligations and sustain operations.

OODLES OF STUFF LTD - Analysis Report

Company Number: 15161087

Analysis Date: 2025-07-20 18:57 UTC

1. Risk Rating: HIGH
   Given that OODLES OF STUFF LTD is a newly incorporated micro-entity with negative net current assets and net liabilities (£1,237) at its first year end, the company currently shows signs of financial distress. The absence of fixed assets and employees further indicates a very early-stage operational profile with limited resources to meet liabilities.

2. Key Concerns:

• Negative Working Capital: The company has current liabilities greater than current assets, indicating potential liquidity issues to meet short-term obligations.
• Net Liabilities Position: Shareholders’ funds are negative, reflecting accumulated losses or initial funding shortfalls, which may impair solvency if not addressed.
• No Operational Scale: No fixed assets or employees reported and limited financial history restricts assessment of business sustainability and revenue generation.

3. Positive Indicators:

• Compliance Up to Date: All statutory filings including accounts and confirmation statements are current and not overdue, reflecting good regulatory compliance for a new company.
• Clear Ownership and Control: Directors and persons with significant control are identified and appear aligned, reducing governance ambiguity.
• Micro-Entity Exemption Used: Simplified accounting regime reduces administrative burden for the company at this early stage.

4. Due Diligence Notes:

• Investigate the nature and terms of the current liabilities (£1,238) to assess repayment risk and creditor relationships.
• Confirm sources of funding or capital injection plans to restore positive net assets and support liquidity.
• Review business plan and revenue projections to evaluate operational viability and growth potential beyond initial setup phase.
• Verify absence of contingent liabilities or off-balance sheet obligations despite footnotes indicating none currently.
• Monitor director and shareholder commitment and track record in similar ventures for insights on operational stability.