Company Number: 13807287

Analysis Date: 2025-07-20 16:18 UTC

1. Risk Rating: LOW

The company, TAYMAPP LIMITED, is classified as a micro entity with modest turnover and assets typical for its size and sector. It has filed all accounts and confirmation statements on time with no overdue filings or compliance issues. Current assets consistently exceed current liabilities, indicating a positive short-term liquidity position. There is no indication of losses or negative equity, and the directors appear stable and compliant.

2. Key Concerns:

   • Minimal Net Asset Base: Shareholders' funds remain very low at £57, which suggests minimal capital buffer against unexpected costs or liabilities.
   • Provision for Liabilities: The accounts show a significant provision for liabilities (£7,105 in 2024), nearly offsetting net current assets, which could pressure solvency if actual liabilities crystallize.
   • No Employees and Zero Profit: The company reports no employees and breaks even with turnover matching cost of materials, which may imply limited operational scale or reliance on external contractors, potentially affecting sustainability.

3. Positive Indicators:

   • Consistent Growth in Turnover and Working Capital: Turnover increased from £5,643 (2021) to £16,042 (2024), and net current assets improved from £2,591 to £7,162, showing improving business scale and liquidity.
   • Timely and Compliant Filings: No overdue accounts or confirmation statements, indicating good regulatory compliance and governance.
   • Stable Management Team: Four directors appointed at incorporation remain current, suggesting continuity in governance and oversight.

4. Due Diligence Notes:

   • Investigate the nature and timing of the provisions for liabilities to assess potential solvency risks or contingent liabilities.
   • Clarify operational model given no employees reported and turnover matching cost of materials exactly—understand revenue streams, cost structure, and dependencies.
   • Review cash flow statements if available to confirm liquidity beyond balance sheet snapshot.
   • Assess any off-balance sheet commitments or related party transactions not disclosed.
   • Confirm absence of director disqualifications or regulatory sanctions beyond public filings.