SMTF LTD

Executive Summary

SMTF Ltd is a recently established private limited company with a clean compliance record and positive net working capital. The company’s small scale and limited operating history suggest a low immediate risk profile but warrant monitoring as operations mature. Key areas for further review include the company’s revenue generation capabilities and capital adequacy.

SMTF LTD - Analysis Report

Company Number: 15107091

Analysis Date: 2025-07-20 14:02 UTC

1. Risk Rating: LOW

Justification: SMTF Ltd is a newly incorporated private limited company (since August 2023) with a small-scale operation as indicated by the small account category and filing exemption status. The latest financials show positive net current assets and shareholders’ funds with no overdue filings or indications of distress. Directors are current and no adverse governance issues are apparent.

2. Key Concerns:

• Limited Operating History: The company’s first financial year is just completed, so historical performance and cash flow patterns are not established, introducing some uncertainty.
• Modest Capitalisation: Share capital is minimal (£100), and retained earnings are low (£6,446), which may constrain the ability to absorb unexpected financial shocks.
• Concentrated Control: Two directors hold equal shares and controls, which while common in small companies, could present governance or succession risks if not managed properly.

3. Positive Indicators:

• Clean Compliance Record: All statutory filings including accounts and confirmation statements are up to date with no overdue notices.
• Positive Working Capital: Current assets exceed current liabilities by £6,546 with £15,303 cash at bank, indicating liquidity to meet short-term obligations.
• Small Employee Base: Operating with only two employees limits fixed overheads and may enable flexibility in scaling operations.

4. Due Diligence Notes:

• Verify Business Model and Revenue Streams: The SIC codes indicate business support services and financial intermediation but turnover and profitability details are not disclosed; further insight is needed.
• Review Directors’ Backgrounds: Although no disqualifications are recorded, understanding directors’ experience and track record would support assessing operational stability.
• Assess Capital Requirements: Given the low equity base, investigate plans for future funding or capital injections to support growth or absorb potential losses.