Company Number: 12924685

Analysis Date: 2025-07-29 17:40 UTC

1. Risk Rating: HIGH
   Saul C Consultancy Ltd demonstrates significant solvency and liquidity concerns, with persistent and increasing negative net current assets and shareholders’ funds over recent years. The company’s balance sheet shows a growing deficit position, indicating it is not currently meeting its financial obligations effectively.

2. Key Concerns:

• Negative Working Capital: The company had net current liabilities of approximately £18,327 as of October 2024, worsening from prior years. This indicates a liquidity shortfall and suggests difficulty in meeting short-term obligations.
• Accumulated Losses: Shareholders’ funds are deeply negative at around £18,179, reflecting substantial retained losses and erosion of equity, which jeopardizes long-term solvency.
• Director’s Current Account Creditors: Creditors include a large balance (~£18,927) owed to directors’ current accounts, which may indicate reliance on director loans to fund operations, a risk if these funds are withdrawn or not convertible to stable financing.

3. Positive Indicators:

• Compliance: The company is active and filings (accounts and confirmation statements) are up to date and not overdue, demonstrating regulatory compliance and good governance on statutory obligations.
• Stable Management: The sole director, Mr. Saul Corrigan, has been in place since incorporation, indicating consistent leadership.
• Business Activity: The company operates in the management consultancy sector with an active website and contact details, suggesting ongoing trading activity.

4. Due Diligence Notes:

• Investigate the nature and terms of the director’s current account balances to assess the sustainability of this financing and potential repayment risks.
• Review cash flow statements and management forecasts to understand liquidity management and plans to address negative working capital.
• Explore the company’s revenue trends, client base, and profitability drivers since turnover and profit/loss figures are not disclosed in detail.
• Confirm whether any contingent liabilities or off-balance sheet commitments exist that could exacerbate financial risks.