SMASH ICE LTD

Executive Summary

SMASH ICE LTD is a small, recently established private limited company operating in the take-away food sector. Financial data shows improving net assets and no regulatory compliance issues, indicating low immediate solvency or liquidity risk. However, limited scale and lack of detailed financial information warrant further analysis of operational sustainability and governance before investment decisions.

SMASH ICE LTD - Analysis Report

Company Number: 14156349

Analysis Date: 2025-07-29 20:25 UTC

1. Risk Rating: LOW
   The company demonstrates a positive net asset position which has grown substantially over two years, indicating solvency with minimal liabilities. Its micro-entity status and recent formation suggest limited operational scale but no overdue filings or signs of financial distress.

2. Key Concerns:

• Limited scale and financial data: As a micro-entity with very modest current assets and liabilities, financial resilience to external shocks or growth constraints may be a concern.
• Single director and shareholder: Concentration of control in one individual could pose governance risk if not managed with adequate oversight.
• Lack of profitability or cash flow data: The accounts lack P&L or cash flow statements, so sustainability of operations and revenue generation is unclear.

3. Positive Indicators:

• Consistent improvement in net current assets from £878 in 2023 to £10,487 in 2024, indicating strengthening liquidity and solvency.
• No overdue statutory filings or accounts, implying compliance with regulatory requirements.
• Director has relevant industry experience (Chef) aligning with company’s food service activity, supporting operational competence.

4. Due Diligence Notes:

• Review full profit and loss account and cash flow statements (if available) to understand revenue streams, gross margins, and cash generation.
• Investigate the nature of current assets driving growth (e.g., cash vs. receivables or inventory) to assess liquidity quality.
• Assess customer base, contracts, or business model to evaluate operational sustainability and growth prospects.
• Confirm absence of any director disqualifications or legal proceedings that could impact governance or continuity.
• Verify any related party transactions given single director/shareholder structure.