PLANET SMART LTD

Executive Summary

Planet Smart Ltd, a newly incorporated micro-entity, presents strong liquidity and compliance with regulatory filings, supported by a healthy equity base. However, its limited operational history and concentrated ownership warrant careful ongoing monitoring to fully assess operational sustainability and governance practices.

PLANET SMART LTD - Analysis Report

Company Number: 14722798

Analysis Date: 2025-07-20 15:57 UTC

1. Risk Rating: LOW

The company demonstrates a solid net asset position and no overdue filings, indicating good financial health and compliance for its initial reporting period.

2. Key Concerns:

• Limited operating history: Incorporated in March 2023, the company has only one financial year of data, which limits the ability to assess long-term stability or performance trends.
• Minimal fixed assets (£202): Suggests limited investment in capital-intensive operations, which may constrain growth or operational capacity depending on the business model.
• Concentrated control: One individual holds 75-100% ownership and voting rights, which may pose governance risks if decision-making is not sufficiently balanced.

3. Positive Indicators:

• Strong net current assets of approximately £199,506 against current liabilities of £37,067, reflecting good short-term liquidity.
• No overdue accounts or confirmation statements, indicating adherence to regulatory compliance.
• Micro-entity reporting with modest staffing (2 employees) aligns with the reported account category and suggests lean operations.
• Shareholders’ funds of £179,708 provide a healthy equity base for the company’s scale and age.

4. Due Diligence Notes:

• Investigate the nature and source of current assets (£206,958) to confirm liquidity quality (e.g., cash, receivables, or inventory).
• Clarify the business model and cash flow generation given the minimal fixed assets and recent incorporation.
• Review director backgrounds and governance structure, particularly given the significant control by a single shareholder and director.
• Monitor future filings for profitability trends and any changes in liabilities or asset composition.