SYGNIFICANT LTD

Executive Summary

SYGNIFICANT LTD currently faces high financial risk due to negative net assets and no current assets to cover liabilities, indicating potential insolvency and liquidity challenges. While regulatory compliance is maintained, the company’s operational stability appears limited given the small scale and lack of employees. Further investigation into underlying liabilities and future operational plans is recommended before considering investment.

SYGNIFICANT LTD - Analysis Report

Company Number: 13118285

Analysis Date: 2025-07-20 12:06 UTC

1. Risk Rating: HIGH
   The company shows a negative net asset position (£-418 as of January 2024) compared to a small positive net asset position previously, indicating deteriorating financial health. The absence of current assets and the presence of current liabilities raise immediate solvency and liquidity concerns.

2. Key Concerns:

• Negative net assets in the latest financial year suggest the company is insolvent on a balance sheet basis.
• Zero current assets and £418 current liabilities imply potential cash flow problems and inability to meet short-term obligations.
• No employees and minimal share capital (£100) indicate a very small or possibly dormant operation with limited operational stability.

3. Positive Indicators:

• The company is compliant with filing deadlines, with no overdue accounts or confirmation statements, demonstrating regulatory compliance.
• The director is a single individual with an entrepreneurial background, potentially indicating focused management.
• The company is classified under IT consultancy and information technology services, sectors that can operate with low overhead and scalable models.

4. Due Diligence Notes:

• Review the detailed notes behind the negative net asset position to understand the nature of liabilities.
• Investigate the company’s revenue and cash flow streams, as no turnover data is provided and current assets are nil.
• Assess the director’s plans and financial backing to support ongoing operations or potential restructuring.
• Confirm absence of contingent liabilities or off-balance sheet risks that might further impact solvency.
• Evaluate market position and contracts to determine sustainability despite current financial weakness.