SMACANALYTICS LIMITED

Executive Summary

Smacanalytics Limited is a newly formed micro-entity with a weak liquidity position reflected by negative net current assets and minimal operational data, indicating high solvency risk. While regulatory filings are up to date and governance appears centralized under a single director, the lack of financial substance and operational clarity warrants careful further investigation before considering investment. The company’s future viability depends on securing adequate funding and generating sustainable revenues in a competitive sector.

SMACANALYTICS LIMITED - Analysis Report

Company Number: 14722338

Analysis Date: 2025-07-20 15:50 UTC

1. Risk Rating: HIGH
   Justification: The company exhibits negative net current assets (£-336) with current liabilities exceeding current assets by a significant margin, indicating an immediate liquidity shortfall. Being a newly incorporated micro-entity (less than 1.5 years old) with no employees and minimal reported assets heightens the risk profile.

2. Key Concerns:

• Negative Working Capital: Current liabilities of £340 vastly exceed current assets of £4, suggesting inability to meet short-term obligations without additional financing.
• No Revenue or Operating Data: Absence of profit and loss information, employees, or operational data limits visibility on business activity and cash generation capability.
• Single Director and Shareholder Control: Mr. Ayodeji Osobu holds 75-100% ownership and control, indicating concentrated decision-making risk and potential governance concerns.

3. Positive Indicators:

• Compliance with Filing Deadlines: Both accounts and confirmation statement are filed on time, reflecting good regulatory compliance to date.
• No Overdue Filings or Penalties: The company is active and compliant, which reduces administrative risk.
• Clear Industry Classification: Registered under IT consultancy (SIC 62020), a sector with growth potential, although no operational data is available.

4. Due Diligence Notes:

• Investigate the source of funding or capital injections that support the company’s negative working capital position.
• Request detailed management accounts or cash flow forecasts to assess operational viability and expected revenue streams.
• Clarify the business plan and client contracts to understand sustainability prospects.
• Confirm absence of related party transactions or director loans that could distort financial position.
• Assess director’s background and any past insolvency or disqualification records to evaluate governance risk.