SAMSTRUAN LTD

Executive Summary

SamStruan Ltd is a recently established private limited company with a sound initial financial position, showing positive net current assets and no overdue filings. The company is controlled solely by one director/shareholder, which warrants attention to governance practices. Given the limited operating history, ongoing monitoring of tax liabilities and operational performance is recommended to confirm long-term stability.

SAMSTRUAN LTD - Analysis Report

Company Number: SC813829

Analysis Date: 2025-07-29 12:27 UTC

1. Risk Rating: LOW

Justification: SamStruan Ltd is a newly incorporated private limited company with a strong equity base relative to its liabilities at the first financial year end. The company exhibits positive net current assets and no overdue statutory filings, indicating initial compliance and financial stability.

2. Key Concerns:

• Limited operating history: Incorporated in June 2024, the company has only one year of financial data, which limits the ability to assess long-term operational stability and profitability.
• Concentrated control and management: The sole director and 100% shareholder is Mr. Tony Sung. This concentration could pose governance risks without independent oversight.
• Taxation creditor: The entire current liability balance (£12,358) is categorized as taxation and social security payable. This liability should be monitored closely to ensure timely settlement and avoid regulatory penalties.

3. Positive Indicators:

• Positive net current assets: The company has net current assets of £9,565, indicating it can meet its short-term obligations with current assets, primarily cash (£20,851).
• Compliance with filings: Both accounts and confirmation statements are up to date with no overdue filings, suggesting good regulatory compliance.
• Small company exemption: The company qualifies for small company accounting exemptions, reducing administrative burden and costs, which is appropriate for its size and stage.

4. Due Diligence Notes:

• Verify the nature of the tax and social security liabilities to confirm they are current and will be settled on time.
• Review turnover and profitability trends as the company matures beyond its initial year.
• Assess the business model and client contracts supporting the management consultancy activities (SIC 70229) to determine sustainability and revenue reliability.
• Examine the internal control environment given the single director/shareholder structure to identify any governance or operational risks.