Company Number: 13451338

Analysis Date: 2025-07-20 11:32 UTC

1. Risk Rating: MEDIUM
   While Tagility Ltd maintains positive net assets and current assets exceeding current liabilities, there is a notable decline in net assets and current assets compared to prior years. The limited scale as a micro-entity and small share capital suggest modest operational scope and potential vulnerability to cash flow fluctuations.

2. Key Concerns:

• Declining Financial Position: Net assets dropped from £81,252 in 2023 to £50,119 in 2024, with current assets nearly halving and current liabilities reducing less proportionally, indicating potential erosion of working capital.
• Small Share Capital and Micro Category: The £100 share capital and micro-entity status imply limited financial buffer and scale, increasing sensitivity to operational disruptions or market changes.
• Director Changes and Control Complexity: Multiple director appointments and resignations within a short span, including significant shareholding and voting rights held by related parties, may pose governance and succession risks.

3. Positive Indicators:

• Positive Net Current Assets: Despite declines, current assets still exceed current liabilities by £20,533, reflecting short-term liquidity sufficient to cover obligations.
• Timely Filings and Compliance: No overdue accounts or confirmation statement filings indicate good regulatory compliance and governance discipline.
• Stable Small Workforce: Average employee count steady at 3, suggesting controlled operational complexity and consistent staffing levels.

4. Due Diligence Notes:

• Verify reasons behind the decrease in current assets and net assets between 2023 and 2024 to understand cash flow or operational challenges.
• Review management accounts or cash flow statements (if available) to assess liquidity trends and potential working capital constraints.
• Investigate governance dynamics given the concentration of control within the Charvill family and recent director turnover for potential impact on strategic decisions.
• Confirm the absence of related party transactions or contingent liabilities that could affect solvency.