PANACHE GLOBAL HOSPITALITY SOLUTIONS LIMITED

Executive Summary

Panache Global Hospitality Solutions Limited demonstrates a significant financial recovery with strong liquidity and positive equity as of the 2023 financial year end. The company appears compliant and operational with no immediate solvency concerns. However, limited scale, concentrated ownership, and minimal staffing warrant further investigation to fully assess ongoing operational stability and governance risks.

PANACHE GLOBAL HOSPITALITY SOLUTIONS LIMITED - Analysis Report

Company Number: 12951735

Analysis Date: 2025-07-29 14:14 UTC

1. Risk Rating: LOW

Justification: The company shows a strong turnaround in financial position from negative net current assets in 2021 to a positive and substantial net current asset position in 2023. No overdue filings or indications of financial distress are evident. The company remains active with a single director currently appointed and no signs of insolvency or liquidation.

2. Key Concerns:

• Limited financial history and small scale: As a micro-entity incorporated in 2020, the company has a short track record and minimal fixed assets, which could limit operational resilience.
• Concentration of control: A single individual (Mr Vincent James Ennever) holds 75-100% ownership and voting rights, which may raise governance and succession risks.
• Low employee base: The company employed only one person on average, possibly indicating operational dependency on key personnel and limited capacity to scale.

3. Positive Indicators:

• Strong improvement in liquidity: Current assets increased markedly to £396,904 against current liabilities of £198,753, yielding net current assets of £198,151 in 2023.
• Positive shareholders’ funds: Equity improved from a deficit of £46,375 in 2021 to a positive £199,462 in 2023, reflecting recovery and capital strengthening.
• Compliance: All statutory accounts and confirmation statements are filed on time with no overdue filings, indicating sound regulatory compliance.

4. Due Diligence Notes:

• Verify the nature and sustainability of current assets, especially cash or receivables, to confirm liquidity strength.
• Review business model and revenue streams underlying the rapid asset growth to assess operational viability.
• Examine related party transactions or capital injections that may have contributed to equity recovery.
• Assess the impact of concentrated ownership on decision-making and potential risks related to director changes.
• Confirm the company’s current trading status and any contingent liabilities not disclosed in the micro-entity accounts.