SKYMAPLE LTD

Executive Summary

Skymaple Ltd is a very small, privately held company with minimal financial resources but compliant with statutory filing requirements. Its financial position is fragile with limited liquidity and equity, posing a moderate risk for meeting obligations if operational conditions deteriorate. Further inquiry into cash flow and business activity is advised to assess ongoing viability.

SKYMAPLE LTD - Analysis Report

Company Number: 13627622

Analysis Date: 2025-07-20 18:08 UTC

1. Risk Rating: MEDIUM
   The company shows a positive but very modest net asset position with minimal cash reserves and liabilities almost matching current assets. The small scale of operations and low equity base indicate vulnerability to financial stress despite no overdue filings or liquidation.

2. Key Concerns:

• Extremely low net assets (£172 in 2023), indicating minimal financial buffer against liabilities or unexpected expenses.
• Very limited cash on hand (£4,900), which may constrain operational liquidity and ability to meet short-term obligations easily.
• Small scale with only one employee and minimal turnover details disclosed; operational sustainability and growth potential appear limited.

3. Positive Indicators:

• Accounts and confirmation statements are filed timely and show compliance with regulatory requirements.
• No overdue filings or signs of enforcement action, indicating good governance and administrative management.
• Slight improvement in net assets and cash position from prior years, showing some positive movement.

4. Due Diligence Notes:

• Verify the nature and scale of business activities under SIC code 84120 to assess revenue generation and business model viability.
• Confirm cash flow trends and sources of funding given the minimal cash reserves and liabilities.
• Investigate any contingent liabilities or off-balance sheet obligations not reflected in the abridged accounts.
• Review director and shareholder background for any associated risks or related party transactions.