ST ASSISTANCE LTD

Executive Summary

St Assistance Ltd exhibits a low risk profile based on its strong liquidity, steady growth in net assets, and timely regulatory filings. The main concerns relate to operational dependency on a single director and employee, and the concentration of current assets in amounts owed by associates. Further due diligence on related-party balances and director loan terms is recommended to fully assess financial stability and operational resilience.

ST ASSISTANCE LTD - Analysis Report

Company Number: SC694709

Analysis Date: 2025-07-20 17:07 UTC

1. Risk Rating: LOW
   The company demonstrates solid net asset growth, strong net current assets, and no overdue filings. Its financial position reflects good solvency and liquidity considering the available data.

2. Key Concerns:

• Concentration of Control and Resources: The company has a single director and employee, which could pose operational risk if key personnel become unavailable.
• Debtors Concentration: Significant current assets are classified as amounts owed by associates (£79,930 in 2024), which may suggest customer concentration or related-party balances needing verification.
• Director's Loan Account: Current liabilities include a director’s loan account (£15,687 in 2024), which should be monitored for repayment terms and potential impact on cash flow.

3. Positive Indicators:

• Strong Liquidity Position: High net current assets (£73,109 in 2024) and cash availability (£10,679) indicate capacity to meet short-term obligations comfortably.
• Consistent Growth: Net assets increased steadily from £41,653 in 2021 to £74,462 in 2024, signaling profitable operations or capital injections.
• Good Regulatory Compliance: All statutory accounts and confirmation statements are filed on time, with no overdue returns or outstanding penalties.
• Clear Accounting Policies: The company uses appropriate accounting standards for small entities, with transparent disclosures.

4. Due Diligence Notes:

• Investigate the nature and collectability of amounts owed by associates to assess credit risk and related-party transactions.
• Review the terms, interest, and repayment schedule of the director’s loan account to understand potential liabilities or cash flow strain.
• Evaluate the operational sustainability given the single director and employee structure, including contingency plans for key person risk.
• Confirm the company’s turnover and profitability details which are not disclosed here, as profit and loss information was not filed.
• Assess any contingent liabilities or off-balance sheet commitments not disclosed in the accounts.