T N TECHNICAL SERVICES LTD
Executive Summary
T N Technical Services Ltd is a newly formed micro-entity with positive working capital and no overdue statutory filings, indicating initial financial and regulatory compliance stability. However, the company’s limited operational history and modest asset base introduce some uncertainty on sustainability. Close monitoring of trading performance and governance practices is recommended.
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This analysis is opinion only and should not be interpreted as financial advice.
T N TECHNICAL SERVICES LTD - Analysis Report
Risk Rating: LOW
The company is newly incorporated (February 2024) and currently categorized as a micro-entity with modest but positive net current assets (£12,426). There are no overdue filings or indications of financial distress. While limited financial history restricts depth of analysis, the available data suggests low immediate solvency or liquidity risk.Key Concerns:
- Limited Operating History: With less than one year of trading, the company has no established track record, which increases uncertainty regarding operational sustainability.
- Single Director and Shareholder Concentration: Control is fully vested in one individual, which could pose governance risks or challenges in continuity.
- Modest Asset Base: The company’s net assets and working capital are relatively small, potentially limiting its ability to absorb unexpected costs or cash flow shocks.
- Positive Indicators:
- Positive Net Current Assets: The company has current assets exceeding current liabilities by about £12.4k, indicating short-term obligations can be met.
- No Overdue Filings: Both accounts and confirmation statements are up to date, reflecting good compliance and governance practices.
- Clear Industry Classification: SIC code 33140 (repair of electrical equipment) aligns with the director’s stated occupation (Electrical Engineer), suggesting relevant expertise.
- Due Diligence Notes:
- Verification of Cash Flows and Revenue Generation: Assess initial trading performance and cash inflows beyond balance sheet snapshots.
- Director Background Check: Review any director conduct or insolvency records to confirm suitability.
- Future Business Plans and Capital Requirements: Understand planned growth, funding sources, and potential capital injections given the small size and early stage.
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