SHARP LINE COURIER EXPRESS LTD

Executive Summary

SHARP LINE COURIER EXPRESS LTD is a newly incorporated micro-entity with limited financial history but currently exhibits positive net assets and working capital. The company is compliant with filing requirements and has no overdue accounts, which supports low to medium risk at this early stage. However, the small capital base, single-person control, and lack of detailed profit and cash flow data warrant close monitoring and further due diligence on operational sustainability.

SHARP LINE COURIER EXPRESS LTD - Analysis Report

Company Number: 14736848

Analysis Date: 2025-07-29 13:21 UTC

1. Risk Rating: LOW to MEDIUM
   Given the company’s recent incorporation in March 2023 and micro-entity status, the financial data is limited but does not indicate immediate solvency or liquidity concerns. Positive net current assets and net assets support a low to medium risk rating at this stage, but the very early stage of operations and limited financial history suggest some caution.

2. Key Concerns:

• Limited Operating History: Incorporated less than two years ago, the company’s operational and financial track record is minimal, which inherently increases risk due to lack of historical performance data.
• Modest Net Asset Base: Net assets of £6,192 and net current assets of £5,497 are low absolute values, which means the company has limited capital buffer to absorb shocks or unexpected expenses.
• Single Director and Shareholder Control: The company is fully controlled by one individual, which concentrates operational and corporate governance risk in a single person without apparent checks and balances.

3. Positive Indicators:

• Compliance with Filing Requirements: Annual accounts and confirmation statements are up to date, indicating responsible management and regulatory compliance.
• Positive Working Capital: Current assets exceed current liabilities by £5,497, suggesting the company can meet short-term obligations.
• No Overdue Filings or Auditor Concerns: The company qualifies for micro-entity audit exemption and has filed unaudited accounts timely without qualification.

4. Due Diligence Notes:

• Review the company’s profit and loss account and cash flow statements when available to better assess operational sustainability and liquidity trends.
• Investigate the nature and terms of creditors and accruals, especially the £4,724 in accruals and £2,415 in long-term liabilities, to understand upcoming cash flow obligations.
• Assess business model viability given the SIC codes related to unlicensed carriers and freight transport, and verify operational licenses or permits as applicable.
• Consider obtaining background information on the sole director/shareholder to evaluate management capability and any potential related party transactions.