PERFECT TIME LTD

Executive Summary

PERFECT TIME LTD is a newly established micro company in the niche of watch and jewellery repair and retail, showing early profitability and positive net assets. The company is current with all statutory filings and demonstrates compliance and initial operational stability. However, limited scale, thin liquidity, and sole director ownership warrant careful monitoring and further due diligence on cash flow and market position.

PERFECT TIME LTD - Analysis Report

Company Number: 14633230

Analysis Date: 2025-07-20 15:29 UTC

1. Risk Rating: LOW
   PERFECT TIME LTD is a micro-entity incorporated recently (Feb 2023) with modest turnover and positive net assets. The company is current on all filings and shows a small but positive profit, indicating initial operational viability. The financials exhibit no overdue accounts or confirmations, and the single director holds full control, simplifying governance.

2. Key Concerns:

• Limited scale and operating history: With just over one year of trading and turnover of £36,630, the company remains vulnerable to business cycles and market fluctuations.
• Low liquidity buffer: Current assets of £1,000 against current liabilities of £400 provide only a small net working capital (£600), which could challenge short-term cash flow if expenses rise.
• Concentrated control: The sole director and 100% shareholder structure may pose governance risks and limit external oversight.

3. Positive Indicators:

• Profitability: The company reported a modest net profit of £1,548 for the first 13-month period, demonstrating initial business sustainability.
• Compliance: All statutory filings are up to date with no overdue accounts or confirmation statements, reflecting good regulatory compliance.
• Net asset position: Positive net assets of £2,600 and shareholders’ funds equal to net assets indicate no immediate solvency concerns.

4. Due Diligence Notes:

• Review cash flow statements and bank statements to assess ongoing liquidity management beyond balance sheet snapshots.
• Evaluate customer concentration and order pipeline to understand revenue stability and growth prospects.
• Confirm the director’s background and any related party transactions given the sole control and ownership.
• Assess the competitive environment for watch and jewellery repair and retail to gauge market risks.