Company Number: 14401596

Analysis Date: 2025-07-20 16:56 UTC

1. Risk Rating: LOW
   PJM Consultants Limited demonstrates solid solvency and liquidity positions based on its latest financial statements. The company is active, compliant with filing obligations, and shows a steady increase in net assets and working capital since incorporation in 2022.

2. Key Concerns:

• Limited operating history: Incorporated in late 2022, the company has only two years of financial data, which limits long-term trend analysis.
• Small scale: Classified under the small companies regime, it has minimal fixed assets and relies on current assets for liquidity, potentially vulnerable to sudden market or client changes.
• No profit and loss account filed publicly: While allowed for small companies, absence of detailed profitability data restricts deeper operational performance assessment.

3. Positive Indicators:

• Strong liquidity: Cash balances increased from £10,890 in 2023 to £41,463 in 2024, with current assets comfortably exceeding current liabilities.
• Positive net assets growth: Net assets rose from £9,986 in 2023 to £48,783 in 2024, indicating retained earnings accumulation and capital stability.
• Compliance and governance: Company is active, up to date with accounts and confirmation statement filings, and directors have no reported disqualifications or governance issues.

4. Due Diligence Notes:

• Review management accounts or internal financials to assess profitability and cash flow trends, since profit and loss details are not publicly disclosed.
• Confirm the nature and collectability of trade debtors (£25,200) and review any credit risk provisions.
• Investigate the basis of deferred tax provisions and any potential tax liabilities that could impact cash flow.
• Evaluate the dependence on key clients or contracts given the company’s consultancy nature and relatively small scale.