OVATION DIGITAL LTD

Executive Summary

Ovation Digital Ltd presents a high-risk profile based on extremely limited financial resources and minimal disclosed operational activity. While compliance with statutory filings is maintained, the lack of substantive assets or turnover raises concerns about solvency and liquidity. Further investigation is necessary to clarify the company’s business viability and financial support structure.

OVATION DIGITAL LTD - Analysis Report

Company Number: 13273181

Analysis Date: 2025-07-20 17:47 UTC

1. Risk Rating: HIGH
   The company’s financial data indicates extremely limited assets and equity (£1 share capital, current assets of £1), suggesting negligible operational scale and financial substance. This profile points to a high risk regarding the company’s ability to meet obligations, maintain liquidity, and sustain operations.

2. Key Concerns:

• Minimal Financial Resources: The company’s balance sheet shows a total asset base of only £1, which is insufficient to cover any meaningful liabilities or operational expenses.
• Lack of Revenue/Profit Data: Absence of reported turnover, profit/loss figures, or cash flow information leaves uncertainty about operational viability.
• Single Director and Minimal Activity: Only one director is recorded with no employees beyond one average headcount, implying potential dependence on a sole individual and limited business activity.

3. Positive Indicators:

• Timely Compliance: The company has filed accounts and confirmation statements on time with no overdue filings or penalties reported.
• Active Status: The company remains registered and active with no signs of formal insolvency or liquidation proceedings.
• Clear Industry Classification: The SIC code (73110 - Advertising agencies) provides a defined business focus.

4. Due Diligence Notes:

• Investigate Business Model and Revenue Streams: Confirm whether the company is trading, generating income, or is inactive despite active registration.
• Review Cash Flow and Liabilities: Obtain detailed financials or bank statements to verify liquidity position and any outstanding liabilities not reported in micro-entity filings.
• Assess Director’s Background and Plans: Understand the qualifications and intentions of the sole director regarding future business development or capital injections.
• Verify Related Party Transactions or External Funding: Check for loans, guarantees, or financial support from third parties or associates that may not appear in the minimal financial statements.