SILVER CUBE LTD

Executive Summary

Silver Cube Ltd presents a low financial risk profile with positive net assets, no current liabilities, and compliance with statutory filing requirements. However, the notable reduction in turnover and absence of employees warrant further review to assess operational sustainability. Overall, the company appears solvent and well-managed from the available financial and regulatory data.

SILVER CUBE LTD - Analysis Report

Company Number: 14194762

Analysis Date: 2025-07-29 17:08 UTC

1. Risk Rating: LOW
   Silver Cube Ltd demonstrates a stable financial position with positive net assets, no current liabilities, and no overdue filings. The company maintains clear compliance with filing deadlines and has no indications of financial distress or regulatory breaches.

2. Key Concerns:

• Revenue Decline: Turnover decreased substantially from £31,280 in 2023 to £12,807 in 2024, which may impact future profitability and growth prospects.
• Zero Staff Costs: The absence of employees may limit operational capacity or indicate reliance on external contractors, which could affect sustainability.
• Provision for Liabilities: A small provision (£1,000 in 2024) exists, suggesting potential contingent liabilities requiring monitoring.

3. Positive Indicators:

• Strong Liquidity: Current assets of £30,026 with zero current liabilities result in positive net current assets, indicating good short-term financial health.
• Positive Surplus: The company reported a surplus of £8,931 in 2024, supporting operational viability despite lower turnover.
• Compliance: No overdue accounts or confirmation statements; filings are up to date, reflecting sound governance practices.
• Ownership and Control: Clear PSC identification with a single individual controlling 25-50% shares and voting rights, which may simplify decision-making and accountability.

4. Due Diligence Notes:

• Investigate the cause behind the significant turnover decline between 2023 and 2024 and assess management plans to reverse this trend.
• Clarify the operational model given zero staff costs and no employees; confirm if contractors or outsourcing arrangements are in place.
• Review the nature and potential impact of the provision for liabilities to understand any underlying risks.
• Confirm no off-balance sheet liabilities or contingent risks exist beyond those disclosed.
• Verify the accuracy of the "company limited by guarantee" designation stated in accounts, as it contrasts with the private limited company status; this may affect liability and governance considerations.