SENATOR POWER SYSTEMS LTD

Executive Summary

Senator Power Systems Ltd exhibits high financial risk due to persistent negative net current assets and shareholders’ funds, indicating solvency and liquidity challenges. While regulatory compliance is maintained and the company operates in a specialized industry niche, the absence of employees and limited financial disclosures raise concerns about operational sustainability. Further investigation into liabilities, cash flow, and management plans is essential before considering investment.

SENATOR POWER SYSTEMS LTD - Analysis Report

Company Number: 13515370

Analysis Date: 2025-07-20 17:36 UTC

1. Risk Rating: HIGH
   The company shows significant negative net current assets and shareholders’ funds, indicating an ongoing solvency risk. The liabilities substantially exceed current assets, and this deteriorated over the last two years, signaling severe financial distress.

2. Key Concerns:

• Negative Working Capital: Net current liabilities increased from £14,185 in 2022 to £26,893 in 2023, reflecting a worsening liquidity position and inability to cover short-term debts from current assets.
• Negative Shareholders’ Funds: The negative equity position (£26,993 deficit in retained earnings) suggests accumulated losses and potential insolvency risk without external capital infusion.
• No Employees and Limited Financial Transparency: The company reported zero employees, which may raise questions about operational stability or outsourcing arrangements, and the accounts are unaudited with limited disclosures, reducing confidence in the financial reporting.

3. Positive Indicators:

• No Overdue Filings: Accounts and confirmation statements are up to date with no overdue filings, indicating regulatory compliance and good governance in this respect.
• Active Business Website and Industry Niche: The company operates in a specialized sector (IT services related to power supplies for aerospace, defence, space, and automotive) with an active website, suggesting ongoing commercial activity and potential market demand.
• Single Owner with Control: The sole director and 75-100% owner, Zachariah Hashimi, provides clear leadership and control, which can simplify decision-making and capital provision if needed.

4. Due Diligence Notes:

• Investigate the nature and terms of the £32,525 current liabilities, including whether these are trade creditors or loans, and any repayment schedules or creditor pressure.
• Clarify the company’s operational model given zero employees: Are activities outsourced, or is the company in a development/pre-revenue phase?
• Obtain management accounts or cash flow forecasts to assess short-term liquidity and the ability to meet obligations going forward.
• Review any related party transactions or director loans that may impact financial stability.
• Confirm whether additional funding or capital injections are planned or have been made post the 2023 year-end to address the negative equity position.