RM CONTROLS LTD

Executive Summary

RM Controls Ltd is a micro-entity with a strong and improving balance sheet, showing low solvency and liquidity risks based on available data. The company maintains timely compliance filings and exhibits operational activity. However, limited financial disclosures and concentrated control warrant further examination of profitability and governance to fully assess business sustainability.

RM CONTROLS LTD - Analysis Report

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.