SYMBOL SERVICES LTD

Executive Summary

SYMBOL SERVICES LTD demonstrates solid financial footing with increasing net assets and strong liquidity, supported by timely compliance with regulatory filings. The primary area for attention is the increase in provisions for liabilities, warranting further inquiry. Overall, the company presents a low risk profile based on available micro-entity financial data.

SYMBOL SERVICES LTD - Analysis Report

Company Number: 12611615

Analysis Date: 2025-07-20 18:34 UTC

1. Risk Rating: LOW
   SYMBOL SERVICES LTD exhibits a strong liquidity position, consistent net asset growth, and no overdue filings or regulatory concerns, indicating a low risk of insolvency or operational instability.

2. Key Concerns:

• Provisions for liabilities increased notably from £7,364 in 2023 to £18,138 in 2024, which could indicate emerging contingent liabilities or future obligations requiring monitoring.
• The company operates with a single employee and minimal fixed assets, which may limit operational capacity and scalability.
• Limited public information on shareholders or PSCs may reflect a lack of transparency, although this is not unusual for micro-entities.

3. Positive Indicators:

• Net current assets increased from £178,790 in 2023 to £218,250 in 2024, demonstrating improved short-term financial health and liquidity.
• Shareholders’ funds and net assets have steadily increased year-on-year, from £89,469 in 2020 to £198,588 in 2024, reflecting retained earnings and capital accumulation.
• No overdue accounts or confirmation statements; compliance with Companies House filing deadlines is up to date.
• Business classification under SIC 62030 (Computer facilities management activities) suggests involvement in a generally resilient technology services sector.

4. Due Diligence Notes:

• Investigate the nature and cause of the increased provisions for liabilities to assess potential future cash outflows or risks.
• Review cash flow statements and profit and loss details (not provided) to confirm ongoing operational profitability and cash generation capability.
• Confirm identity and control structure of significant shareholders or PSCs for governance assessment.
• Assess client concentration and contract terms given the company’s small scale and single employee to evaluate business sustainability.