SPENCER SOLUTIONS WEB DESIGN LTD

Executive Summary

SPENCER SOLUTIONS WEB DESIGN LTD presents a high-risk profile primarily due to its negative and deteriorating net current asset position, indicating potential solvency and liquidity challenges. While the company is compliant with filings and maintains operational status, limited financial disclosure constrains full assessment. Further due diligence on liabilities and cash flows is recommended before investment consideration.

SPENCER SOLUTIONS WEB DESIGN LTD - Analysis Report

Company Number: 13617863

Analysis Date: 2025-07-20 14:58 UTC

1. Risk Rating: HIGH
   The company shows a worsening negative net current asset position of £724 as of 2024, indicating current liabilities exceed current assets substantially. This suggests solvency risk and potential difficulties meeting short-term obligations.

2. Key Concerns:

• Negative net current assets worsening from -£374 in 2023 to -£724 in 2024, signaling increasing liquidity pressure.
• Very limited current assets (£169) relative to current liabilities (£893), indicating potential cash flow issues.
• Micro-entity status with minimal financial disclosure limits visibility into operational profitability and cash generation.

3. Positive Indicators:

• No overdue statutory filings or accounts, indicating compliance with regulatory obligations.
• Single director with majority ownership and control, possibly allowing for agile decision-making.
• Business operating since 2021 with ongoing activity suggests some operational continuity.

4. Due Diligence Notes:

• Investigate the nature of current liabilities and maturity profiles to assess immediate solvency threats.
• Review cash flow statements or bank statements if available to understand liquidity dynamics.
• Clarify revenue generation, profitability, and business model sustainability given micro-entity status and limited financial data.
• Confirm no contingent liabilities or off-balance-sheet exposures that may exacerbate financial stress.
• Assess director background and financial support capacity given majority control by a single individual.