SIMPLE SOCIAL AGENT AND SALES MARKETER LTD

Executive Summary

SIMPLE SOCIAL AGENT AND SALES MARKETER LTD exhibits high financial risk primarily due to negative net current assets indicating potential solvency and liquidity challenges. While regulatory compliance is current and governance appears straightforward, the company's very recent establishment, lack of employees, and limited financial history increase uncertainty around operational sustainability. Further due diligence on liabilities and cash flow is recommended to clarify financial stability.

SIMPLE SOCIAL AGENT AND SALES MARKETER LTD - Analysis Report

Company Number: 15022248

Analysis Date: 2025-07-29 13:15 UTC

1. Risk Rating: HIGH
   The company shows negative net current assets and net liabilities of £784 as of the most recent financial year end (31 July 2024). This indicates an immediate solvency risk as current liabilities exceed current assets, suggesting potential difficulty meeting short-term obligations.

2. Key Concerns:

• Negative Net Current Assets: The company’s current liabilities (£3,549) exceed current assets (£2,765), resulting in net current liabilities of £784. This is a liquidity red flag.
• No Employees and Limited Operations: The company reported zero employees during the period, which may indicate minimal operational activity raising questions about business sustainability.
• Very Recent Incorporation and Limited Financial History: Incorporated in July 2023 with only one financial year filed; limited financial data restricts trend analysis and increases uncertainty.

3. Positive Indicators:

• Timely Filing Compliance: Both accounts and confirmation statement filings are up to date with no overdue submissions, reflecting adherence to regulatory requirements.
• Clear Ownership and Control Structure: The significant control details show a principal shareholder with 75-100% shares and voting rights, providing clear governance hierarchy.
• No Indications of Insolvency Proceedings: The company is active with no liquidation, administration, or receivership status, which suggests no formal insolvency actions to date.

4. Due Diligence Notes:

• Investigate the nature of the current liabilities to assess if these are trade creditors, loans, or accruals and their maturity profiles.
• Review cash flow projections or bank statements (if available) to evaluate liquidity beyond the balance sheet snapshot.
• Obtain qualitative information on business model, client contracts, and revenue generation plans given zero employees and micro-entity status.
• Confirm that the corporate director (MULTIPLETECH LTD) and individual director have no adverse regulatory or disqualification records.
• Consider impact of negative net assets on ability to secure future financing or supplier credit.