SUKOON SOLUTIONS LTD

Executive Summary

SUKOON SOLUTIONS LTD demonstrates significant solvency and liquidity risks as evidenced by persistent negative net assets and minimal current assets relative to liabilities. While regulatory filings are up-to-date, the lack of operational indicators such as employees and fixed assets raises concerns about business sustainability. Further due diligence is required to clarify the company’s revenue, liabilities, and plans to address financial distress.

SUKOON SOLUTIONS LTD - Analysis Report

Company Number: 13586835

Analysis Date: 2025-07-20 19:15 UTC

1. Risk Rating: HIGH
   The company exhibits significant negative net asset positions in the latest accounts, indicating solvency concerns. The liabilities exceed assets by £442 as of 31 August 2023, worsening from a deficit of £1,768 in prior years. This negative equity suggests the company may struggle to meet its obligations without additional capital injection.

2. Key Concerns:

• Negative Net Assets: Consistent negative shareholders’ funds over three years highlight financial distress and potential insolvency risk.
• Minimal Current Assets: Very low current assets (£211 in 2023) compared to liabilities (£653) indicate liquidity constraints and potential cash flow issues.
• No Employees or Fixed Assets: The absence of employees and fixed assets raises questions about operational activity and the company’s ability to generate sustainable revenue.

3. Positive Indicators:

• No Overdue Filings: The company is current with statutory accounts and confirmation statement filings, suggesting basic regulatory compliance.
• Single Controlling Director: Full control by a single director with a stable background (lecturer) may indicate consistent management, although this can also concentrate risk.
• Industry Diversification: Activities span social work, management consultancy, and financial intermediation, which could provide diverse revenue streams if operational.

4. Due Diligence Notes:

• Investigate Revenue and Cash Flow: Financial statements lack profit and loss data; direct inquiry into turnover, income sources, and cash flow statements is essential to assess operational viability.
• Understand Nature of Liabilities: Clarify the composition of current liabilities and whether any debts are overdue or subject to enforcement actions.
• Assess Future Funding Plans: With negative equity and limited assets, determine if there are plans for capital injections or restructuring to restore solvency.
• Review Director’s Role and Related Party Transactions: Given single director control and lack of employees, verify if related party transactions or loans exist that may affect financial stability.
• Confirm Business Activity Status: The absence of employees and fixed assets may imply dormant or minimal trading; confirm current business operations and client engagements.