Company Number: 15069352

Analysis Date: 2025-07-20 11:51 UTC

1. Risk Rating: LOW
   TAGMATA LIMITED is a newly incorporated private limited company with a very modest asset base and no indications of distress. Its current assets comfortably exceed current liabilities, and there are no overdue filings or insolvency indicators.

2. Key Concerns:

• Limited Operating History: Incorporated in August 2023, the company has less than one full year’s trading history, limiting insight into operational performance and cash flow stability.
• Minimal Financial Scale: Total assets and equity are modest (£12,334 net assets), reflecting a very small operation with limited financial buffer for unexpected costs or downturns.
• Single Employee and Director: The business is reliant on a sole director and employee, which may present operational risk and lack of management depth.

3. Positive Indicators:

• Positive Net Current Assets: Current assets of £18,851 exceed current liabilities of £7,184, resulting in a net current asset position of £11,667, indicating good short-term liquidity.
• Up-to-date Compliance: The company’s latest accounts and confirmation statements are filed on time with no overdue documents or penalties.
• Clear Ownership and Control: Ownership and control are transparent, with two related significant controllers holding 75-100% shares and voting rights, supporting straightforward governance.

4. Due Diligence Notes:

• Review Business Model and Contracts: Evaluate the nature of contracts underpinning turnover recognition, especially as turnover recognition policy allows only recoverable expenses when outcome is uncertain.
• Assess Cash Flow Forecasts: Given the small scale and limited history, scrutinize cash flow projections and working capital sufficiency for ongoing operations.
• Director Background Checks: Confirm the background and track record of the sole director and controlling shareholders, including any directorships elsewhere, to assess governance and reputational risk.
• Customer and Supplier Concentration: Investigate any dependency on key customers or suppliers that could impact stability.
• Financial Projections and Growth Plans: Obtain management’s projections and strategy for scaling the business to understand sustainability and capital requirements.