Company Number: 13667510

Analysis Date: 2025-07-20 11:54 UTC

1. Risk Rating: LOW
   RM Controls Ltd demonstrates a solid net asset position and positive working capital with no overdue filings. The company shows growth in net assets and current assets, which supports its ability to meet short-term obligations and remain solvent.

2. Key Concerns:

• Reliance on a single director and sole shareholder may pose governance and succession risks.
• The company carries long-term creditors, which, though manageable, warrant monitoring to ensure timely repayment.
• Limited financial disclosures (filleted accounts under micro-entity exemptions) restrict visibility into profitability and cash flow details.

3. Positive Indicators:

• Net current assets increased significantly from £40,633 (2022) to £61,181 (2023), indicating improved liquidity.
• Net assets more than doubled from £23,745 to £52,080 within one year, reflecting strengthened equity and balance sheet stability.
• No overdue statutory filings for both accounts and confirmation statements, demonstrating good compliance discipline.
• Active website presence with business domain suggests operational engagement and client-facing activity.

4. Due Diligence Notes:

• Obtain detailed profit and loss statements to assess operational performance, revenue trends, and cash flow stability.
• Review the nature and terms of long-term liabilities (£10,309) to evaluate financial obligations and refinancing risks.
• Verify the director’s capacity and plans for governance, given single director/shareholder control structure.
• Confirm absence of contingent liabilities or off-balance sheet risks not captured in micro-entity filings.
• Assess customer base and contract stability in the IT services sector (SIC 62090) for sustainability of revenues.