SNC PARTNERS LIMITED

Executive Summary

SNC PARTNERS LIMITED is an early-stage micro-entity showing signs of financial distress with negative net assets and working capital as of September 2024. While the company maintains statutory compliance and has experienced directors, it currently lacks operational activity and resources. Careful review of its business model and funding plans is warranted to assess viability and risk exposure.

SNC PARTNERS LIMITED - Analysis Report

Company Number: 14357523

Analysis Date: 2025-07-29 18:45 UTC

1. Risk Rating: HIGH
   The company’s financial statements show a deterioration from positive net current assets and net assets in 2023 (£76) to negative net current assets and net liabilities in 2024 (£-1,535). This indicates emerging solvency and liquidity risks within a short timeframe. The company is a micro-entity with minimal assets and no fixed assets, and it currently employs no staff, which may indicate limited operational capacity.

2. Key Concerns:

• Negative Net Assets and Working Capital: The net liabilities position at the latest year-end suggests the company may struggle to meet its short-term obligations without additional capital or revenue.
• Lack of Revenue and Operational Activity: The directors’ report notes the company is still investigating opportunities and partnerships, implying no steady income or business operations yet, increasing the risk of ongoing losses.
• No Employees or Fixed Assets: The absence of employees and fixed assets may reflect a nascent stage with limited operational infrastructure, raising concerns about the company’s ability to generate sustainable cash flow.

3. Positive Indicators:

• No Overdue Filings: The company is up to date with both its accounts and confirmation statement, demonstrating compliance with statutory requirements.
• Experienced Directors: The board includes individuals with relevant professional backgrounds (chartered accountant, HR director, management consultant), which could support sound governance and strategic management.
• Clear Business Focus: The company has identified target sectors (education and charity) for potential support services, indicating a strategic direction.

4. Due Diligence Notes:

• Investigate the company’s business plan and pipeline for contract acquisition to assess likelihood of generating revenues.
• Review cash flow projections and funding arrangements to determine how the company intends to address its current negative working capital.
• Confirm whether the company has access to external financing or shareholder support to cover liabilities and sustain operations.
• Monitor any changes in director appointments or significant control that might impact governance or capital structure.
• Verify the nature and timing of creditors to assess liquidity pressures and potential risk of default.