SAUL C CONSULTANCY LTD

Executive Summary

Saul C Consultancy Ltd is currently facing high solvency and liquidity risks, reflected by substantial negative net current assets and shareholder deficits. While the company remains compliant with statutory filings and retains stable management, its financial position points to ongoing operational challenges. Further investigation into director financing and operational cash flows is advised to assess viability and risk mitigation prospects.

SAUL C CONSULTANCY LTD - Analysis Report

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current accounts, which may indicate reliance on director loans to fund operations, a risk if these funds are withdrawn or not convertible to stable financing.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.