PIVOT EVENTS SERVICES LTD

Executive Summary

Pivot Events Services Ltd is a newly incorporated micro-entity exhibiting early-stage financial distress with negative net assets and a working capital deficit. While compliant with statutory filings, the company’s minimal operational footprint and sole director control present governance and sustainability concerns that warrant further investigation before investment.

PIVOT EVENTS SERVICES LTD - Analysis Report

Company Number: 15550508

Analysis Date: 2025-07-20 16:59 UTC

1. Risk Rating: HIGH
   Justification: The company shows net liabilities of £338 as at 31 March 2025, indicating negative net assets immediately after its first financial year. Current liabilities exceed current assets, suggesting short-term liquidity concerns. Additionally, the company has no reported employees and very minimal assets, which raises concerns about operational scale and sustainability.

2. Key Concerns:

• Negative Net Assets and Working Capital Deficit: The company’s balance sheet reveals net current liabilities of £338, implying it may struggle to meet short-term obligations.
• Lack of Operational Scale: Zero employees and minimal current assets (£1,297) indicate the business is either at a very early stage or is not operationally robust.
• Concentration of Control: Single individual (Omotayo Adeola Adeniyi) holds 75-100% shares and voting rights, which may present governance risks due to lack of independent oversight.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is up to date with its accounts and confirmation statement filings, demonstrating regulatory compliance.
• Clear Ownership and Management Structure: PSC and director details are transparent and current.
• Exemption from Audit: As a micro-entity, the company benefits from simplified reporting requirements, reducing administrative burdens.

4. Due Diligence Notes:

• Investigate the nature and timing of creditors to understand the liquidity risk more clearly.
• Clarify business model and operational plans given lack of employees and minimal assets.
• Assess future funding or capital injection plans to rectify the negative equity position.
• Review director’s background and financial capacity to support the company given sole control.
• Confirm there are no undisclosed contingent liabilities or off-balance-sheet commitments.