RFID DIGITAL LTD

Executive Summary

RFID DIGITAL LTD is a newly incorporated micro-entity with minimal financial assets and no employees, indicating it is at a nascent stage with limited operational activity. While regulatory compliance is up to date and leadership includes relevant expertise, the extremely low asset base and lack of revenue pose significant solvency and liquidity risks. Further investigation into the company’s business strategy and funding plans is essential to assess its sustainability.

RFID DIGITAL LTD - Analysis Report

Company Number: SC768389

Analysis Date: 2025-07-29 17:39 UTC

1. Risk Rating: HIGH
   The company demonstrates extremely limited financial resources, with total net assets of only £100 and no employees, indicating a very early-stage or dormant operational status without substantive business activity or revenue generation.

2. Key Concerns:

• Minimal Financial Base: The company’s balance sheet shows only £100 in current assets and net assets, which is insufficient to cover any meaningful liabilities or operational expenses. This raises serious solvency and liquidity concerns.
• Lack of Operational Activity: No employees and no detailed financial transactions or revenues reported, suggesting the business may not yet be operational or generating cash flow.
• Short Operating History: Incorporated in May 2023 with only one micro-entity accounts filing; limited historical data restricts ability to assess financial trends or operational sustainability.

3. Positive Indicators:

• Compliance with Filing Obligations: Accounts and confirmation statements are filed on time, indicating good regulatory compliance and governance practices so far.
• Experienced Directors: Directors include an IT consultant and a company director, and a former chartered accountant served briefly, which could provide relevant expertise for future business development.
• Active Website Presence: The company maintains an active website, suggesting efforts toward establishing market presence.

4. Due Diligence Notes:

• Investigate the company’s business plan, projected revenue streams, and capital injection plans to assess future operational viability.
• Review any contractual agreements or ongoing projects that might generate income or require capital expenditure.
• Confirm whether the £100 asset value represents cash or other current assets, and check for any undisclosed liabilities or contingent risks.
• Understand the role and influence of the significant controller holding 50-75% shares and voting rights, including their commitment to funding and strategic direction.