REQUIDEX LIMITED

Executive Summary

REQUIDEX LIMITED shows a sound financial foundation typical for a young micro-entity with healthy liquidity and positive net assets but no current revenue generation. The company’s financial health is stable, reflecting good capital management at this early stage; however, future success depends on progressing product development into profitable operations. Proactive financial planning and cash flow monitoring are recommended to ensure ongoing financial wellness.

REQUIDEX LIMITED - Analysis Report

Company Number: 15032881

Analysis Date: 2025-07-20 14:59 UTC

Financial Health Assessment of REQUIDEX LIMITED

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1. Financial Health Score: B+

Given REQUIDEX LIMITED's status as a micro-entity in its first full financial year, the company demonstrates a stable financial footing with positive net assets and healthy working capital. The financial health score of B+ reflects a sound start but acknowledges limited operational history and the absence of revenue/profit data.

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2. Key Vital Signs

Metric	Value (£)	Interpretation
Current Assets	25,751	Represents liquid assets and short-term receivables; indicates available resources for near-term obligations. Healthy for a startup.
Current Liabilities	11,394	Short-term debts or payables due within one year. Manageable relative to assets.
Net Current Assets	14,357	Positive working capital ("healthy cash flow symptom") signifies ability to cover short-term debts comfortably.
Total Assets less Current Liabilities	14,359	Reflects overall net assets excluding long-term liabilities. Solid foundation for a young company.
Net Assets (Shareholders' Funds)	14,359	Equity capital held by shareholders, indicating company’s residual value after liabilities. Positive and stable.
Employee Count	0	No employees reported, suggesting either outsourced operations or early development phase.

Additional Notes:

• The company is newly incorporated (July 2023) and has no reported turnover or profit/loss yet.
• Exempt from audit under micro-entity provisions, reflecting small scale and simplicity.
• Directors are the sole significant controllers with roughly equal shareholding and voting rights.

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3. Diagnosis: Current Financial Condition

REQUIDEX LIMITED exhibits the "vital signs" of a financially stable micro-entity in its infancy:

• Healthy Working Capital: The positive net current assets indicate the company can comfortably meet its short-term obligations, a key indicator of liquidity and "healthy cash flow."
• Positive Net Assets: The equity position is positive and modest, typical for a startup with initial capital injection but no accumulated profits or losses yet.
• No Audit Requirement: The micro-entity exemption suggests simple financial operations without complexity or significant risk signals.
• No Employees: Indicates the company is likely in a development or pre-revenue stage, possibly relying on directors or contractors rather than salaried staff.

Symptoms of Potential Concern:

• Absence of revenue or profit data limits insight into operational performance or sustainability.
• Being in the software development industry (SIC 62012), the company’s future financial health will depend heavily on successful product development and market acceptance.
• The lack of turnover means the company is not yet generating cash inflows from operations, relying on initial funding and management of expenses.

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4. Recommendations

To improve and sustain financial wellness going forward, REQUIDEX LIMITED should consider:

• Develop a Revenue Model & Monitor Cash Flow Closely: As software development progresses, establish clear revenue streams and track cash inflows/outflows to avoid liquidity strain.
• Build Financial Forecasting & Budgeting: Forecast expenses, capital requirements, and anticipated revenues to anticipate funding needs and operational milestones.
• Consider Early Engagement with Investors or Grants: If additional funding is needed for product development or market entry, start early dialogue with potential investors or explore government grants/subsidies for tech startups.
• Implement Basic Financial Controls: Even without employees, maintain proper accounting records, expense controls, and regular financial reviews to detect any emerging "symptoms" of financial distress.
• Plan for Growth and Staffing: As operations scale, plan for recruitment and resource allocation to avoid operational bottlenecks or unexpected expenses.
• Prepare for Future Reporting Requirements: Stay aware that as the company grows beyond micro-entity thresholds, audit requirements or fuller accounts may be mandatory.

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