RASOR VENTURES LTD
Executive Summary
RASOR VENTURES LTD is a newly established micro-entity exhibiting a sound liquidity position and statutory compliance. While its limited operating history and absence of employees constrain a full risk assessment, current financial indicators do not raise solvency concerns. Further due diligence on operational cash flows and business activities is recommended to validate ongoing viability.
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This analysis is opinion only and should not be interpreted as financial advice.
RASOR VENTURES LTD - Analysis Report
Risk Rating: LOW
RASOR VENTURES LTD demonstrates a stable financial position for a newly incorporated micro-entity, with positive net current assets and no overdue filings. The company appears solvent with adequate working capital relative to its size and stage.Key Concerns:
- Limited operating history: Incorporated in December 2022, the company has just over one year of financial data, limiting trend analysis and long-term sustainability assessment.
- No employees reported: The absence of staff may indicate reliance on the director or external contractors, which could affect operational scalability.
- Micro-entity exemptions: The company has not filed a profit and loss account, limiting visibility into profitability and cash flow dynamics.
- Positive Indicators:
- Positive net current assets of £45,487 as at 31 December 2023, indicating sufficient short-term liquidity to meet current obligations.
- No overdue accounts or confirmation statements, reflecting compliance with statutory filing requirements.
- Clear ownership and control structure with a single director and 75-100% shareholding, simplifying governance and decision-making.
- Due Diligence Notes:
- Investigate the nature and scale of the company’s business activities given the SIC codes (management consultancy and IT consultancy), to assess revenue generation potential and client base.
- Request management accounts or cash flow statements to understand operational cash flow given the lack of a profit and loss statement in public filings.
- Verify any contractual obligations or liabilities not reflected in the balance sheet due to micro-entity reporting exemptions.
- Confirm no director disqualifications or adverse conduct records for Mr Duncan James Guy Rasor.
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