SIRTI TRADING AND CONSULTING LTD

Executive Summary

The company currently faces significant financial challenges with sharply diminished net assets and low liquidity, raising concerns about its ability to meet short-term obligations. While administrative compliance is maintained and operational scale is minimal, the financial position suggests heightened solvency risk warranting further detailed investigation. Investors should closely scrutinize receivables quality and the director’s support plans before committing capital.

SIRTI TRADING AND CONSULTING LTD - Analysis Report

Company Number: 13021729

Analysis Date: 2025-07-20 18:34 UTC

1. Risk Rating: HIGH
   The company exhibits a high risk profile primarily due to its very limited net assets, minimal cash reserves, and negligible profit retention over recent periods, which collectively suggest potential solvency and liquidity challenges.

2. Key Concerns:

• Eroding Net Assets and Minimal Working Capital: The net assets have deteriorated sharply from around £2,090 in 2022 to only £129 in 2025, with net current assets barely positive at £129, indicating very thin working capital buffers.
• Low Cash Balances and High Reliance on Debtors: Cash at bank has fallen significantly to £612 in the latest period, and the company’s current assets largely comprise debtors (£2,028), which may not be immediately realizable, risking short-term liquidity.
• Single Director and Shareholder Control: Full ownership and control rest with one individual, which may pose governance risks and limit access to external capital or oversight.

3. Positive Indicators:

• Compliance with Filing Deadlines: The company is up to date with both accounts and confirmation statement filings, indicating regulatory compliance and good administrative discipline.
• Ongoing Operations and Active Status: Despite financial constraints, the company remains active and continues to file accounts, suggesting ongoing business activity.
• Low Overheads Indicated by Single Employee: With only one employee, fixed costs are likely low, which may reduce cash burn and support operational sustainability in the short term.

4. Due Diligence Notes:

• Clarify Receivables Quality and Collection Time: Investigate the nature and aging of debtors to assess the true liquidity of current assets.
• Examine Profit and Loss Trends: Obtain detailed P&L statements to understand revenue streams, margins, and expenses driving the erosion of reserves.
• Assess Director’s Financial Support or Plans: Explore whether the sole director has provided or plans to provide additional capital or guarantees to support solvency.
• Review Business Model Viability: Given the SIC codes (management consultancy, online retail, and agency sales), assess the synergy and sustainability of these activities under current market conditions.
• Confirm No Pending Legal or Regulatory Issues: Although filings are up to date, confirm no undisclosed regulatory or compliance risks exist.