OPEN INTELLECT LIMITED

Executive Summary

Open Intellect Limited presents a low solvency and liquidity risk profile with strong working capital and cash balances. The company complies with filing requirements and shows growth in net assets, supporting operational stability at this early stage. However, limited financial history and small scale warrant further investigation into revenue sustainability and key person risk before investment.

OPEN INTELLECT LIMITED - Analysis Report

Company Number: 14194594

Analysis Date: 2025-07-29 16:03 UTC

1. Risk Rating: LOW
   Open Intellect Limited demonstrates a strong liquidity position with current assets significantly exceeding current liabilities. The company is solvent, with net assets increasing year-on-year and no overdue filings or signs of regulatory non-compliance.

2. Key Concerns:

• Reliance on a small number of employees (average 3 in 2024) could pose operational risk if key personnel leave.
• The company is very young (incorporated 2022) with limited financial history, which restricts assessment of long-term operational stability.
• Relatively modest fixed asset base and modest capitalisation (£10 share capital) mean limited tangible asset backing should financial difficulties arise.

3. Positive Indicators:

• Healthy working capital of £54,416 as of June 2024, showing good short-term financial health.
• Strong cash position (£83,901) relative to current liabilities (£38,910), indicating good liquidity to meet obligations.
• No overdue accounts or confirmation statements, reflecting good regulatory compliance and governance.
• Increasing net assets and retained earnings from £35,387 to £55,851 in one year, indicating profitable operations or capital injections.
• Directors and PSCs are consistent and local, with no disqualifications or adverse records visible.

4. Due Diligence Notes:

• Confirm nature and reliability of revenue streams given the SIC codes (IT consultancy and software development) and evaluate customer concentration risk.
• Review contracts and payment terms to assess debtor quality, as debtors decreased from £12,893 to £9,425 but remain material.
• Verify the sustainability of growth in net assets—whether driven by profits, capital contributions, or other non-recurring items.
• Assess the impact of low fixed assets and small share capital on ability to withstand adverse financial events.
• Monitor employee turnover risk and management succession due to small staff size.