PLATFORM ONE NEWRY LTD

Executive Summary

Platform One Newry Ltd is a newly formed micro-entity in the food takeaway sector with early-stage liquidity challenges evidenced by negative working capital. The company maintains compliance with filing requirements and has a modest positive net asset base. Further due diligence is warranted to assess cash flow sufficiency and operational plans to ensure sustainability.

PLATFORM ONE NEWRY LTD - Analysis Report

Company Number: NI694824

Analysis Date: 2025-07-29 15:42 UTC

1. Risk Rating: MEDIUM
   The company shows signs of early-stage operational challenges typical for a newly incorporated micro entity. Negative net current assets indicate short-term liquidity pressure. However, positive net assets and shareholder funds suggest some capital buffer.

2. Key Concerns:

• Negative net current assets (£-15,153) imply the company may struggle to meet short-term obligations without additional working capital or financing.
• Limited financial history (incorporated in 2023) restricts trend analysis and obscures operational sustainability.
• Reliance on a single director/shareholder concentrating control may increase governance and succession risks.

3. Positive Indicators:

• The company is compliant with statutory filing deadlines, indicating good regulatory adherence.
• Positive net assets (£5,803) show that total assets exceed liabilities, providing a basic solvency cushion.
• The business operates in the food takeaway sector, a potentially stable consumer market with consistent demand.

4. Due Diligence Notes:

• Confirm the company’s cash flow position, bank facilities, or other liquidity sources to mitigate working capital concerns.
• Review any trading or profit and loss data if available, since micro-entity accounts do not require filing of P&L statements.
• Understand strategic plans for growth or capital injection to improve operational stability.
• Evaluate director capacity and any related party transactions given single controller structure.