PRIAM CYBER AI LTD

Executive Summary

PRIAM CYBER AI LTD shows elevated financial risk primarily due to significant negative net assets and a large working capital deficit, indicating potential solvency and liquidity challenges. While the company is current on statutory filings and operates in promising technology sectors, the limited financial disclosures and rapid deterioration in financial position warrant thorough further investigation before investment consideration.

PRIAM CYBER AI LTD - Analysis Report

Company Number: 12932723

Analysis Date: 2025-07-20 11:22 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency risk due to materially negative shareholders' funds and current liabilities far exceeding current assets as of the latest financial year end.

2. Key Concerns:

• Negative Net Assets: Shareholders' funds deteriorated from positive £48,257 (2023) to negative £277,807 (2024), indicating accumulated losses or increased liabilities.
• Current Liabilities vs. Assets: Current liabilities (£344,896) substantially exceed current assets (£67,089), yielding a large working capital deficit and suggesting potential liquidity stress.
• Limited Financial Disclosure: Absence of profit and loss account and audit reduces transparency; reliance on micro-entity provisions limits insights into operational performance and cash flows.

3. Positive Indicators:

• Compliance: The company is active and up to date with filings, including accounts and confirmation statements, with no overdue submissions noted.
• Industry Focus: Operates in niche sectors of data processing, IT consultancy, and software development, which are generally growth areas.
• Experienced Leadership: Directors include a finance professional/investor and founding directors, indicating some management stability.

4. Due Diligence Notes:

• Obtain detailed management accounts and cash flow statements to assess operational cash generation and funding sources.
• Investigate the nature and maturity of the current liabilities to understand repayment obligations and risks.
• Review any related party transactions or guarantees that may impact financial position.
• Assess business model sustainability given negative equity and working capital deficit.
• Clarify reasons for the sharp change from positive to negative net assets within one year.