TAKE A WALK ON THE TYNESIDE LTD

Executive Summary

TAKE A WALK ON THE TYNESIDE LTD demonstrates significant solvency and liquidity risks, evidenced by its negative net assets and creditor obligations exceeding current assets. While regulatory compliance is maintained, limited financial data and minimal capital raise concerns about operational sustainability. Further due diligence on creditor terms, cash flow, and business viability is recommended before considering investment.

TAKE A WALK ON THE TYNESIDE LTD - Analysis Report

Company Number: 13061912

Analysis Date: 2025-07-20 12:54 UTC

1. Risk Rating: HIGH
   The company shows significant negative net assets (£-8,346) and liabilities exceeding current assets, indicating solvency concerns. The micro-entity scale and minimal share capital (£1) limit financial resilience.

2. Key Concerns:

• Negative net assets and overall net liabilities indicate solvency risk and potential inability to meet obligations.
• Current liabilities and creditors due after more than one year substantially exceed current assets, raising liquidity concerns.
• Limited financial information such as absence of profit and loss accounts restricts visibility on operational performance and sustainability.

3. Positive Indicators:

• The company is active and up to date with statutory filings including accounts and confirmation statements, showing compliance with regulatory requirements.
• The company operates within micro-entity reporting standards, reducing administrative burdens and costs.
• There is a single director with no known disqualifications or adverse records, suggesting no immediate governance red flags.

4. Due Diligence Notes:

• Investigate the nature and terms of the £8,481 creditors due after more than one year to assess repayment risk and potential restructuring needs.
• Review the company’s cash flow forecasts and operational cash generation ability given the minimal cash and negative equity position.
• Seek details on business operations, revenue streams, and plans for financial recovery or capital injection given the small share capital and net liabilities.
• Confirm no undisclosed contingent liabilities or related party transactions that may impact financial health.