TCS HARDWARE LTD

Executive Summary

TCS HARDWARE LTD is a recently established micro-entity retail company with a modest but positive balance sheet and timely compliance. While current financials suggest low solvency risk, limited historical data and concentrated ownership warrant further monitoring. Early due diligence should focus on cash flow sustainability and director oversight to ensure operational stability.

TCS HARDWARE LTD - Analysis Report

Company Number: 15626624

Analysis Date: 2025-07-29 12:43 UTC

1. Risk Rating: LOW

The company is newly incorporated (April 2024) and has filed accounts timely, showing positive net current assets and net assets of £19,902. There are no overdue filings or signs of regulatory non-compliance. The micro-entity status limits financial disclosure, but the balance sheet appears solvent with positive working capital and shareholder funds.

2. Key Concerns:

• Limited financial history and data due to being a newly incorporated micro-entity, restricting comprehensive assessment of financial stability and operational performance.
• Low asset base and current assets (£13,261) could indicate limited liquidity buffer to absorb unexpected cash flow shocks.
• Single director and shareholder concentration (Mr. Patrick Joseph Stokes controls 75-100%) may present governance risk and lack of operational resilience.

3. Positive Indicators:

• Timely filing of accounts and confirmation statement suggests compliance with statutory obligations.
• Positive net current assets (£19,902) indicate current liabilities are well covered by current assets.
• Micro-entity exemption applied appropriately, reflecting compliance with accounting standards for small companies.

4. Due Diligence Notes:

• Review detailed cash flow and turnover data once available to assess liquidity trends and operational viability.
• Confirm absence of any contingent liabilities or related party transactions that could impact financial stability.
• Investigate director background and track record given sole control and responsibility for governance and operations.
• Monitor future filings to detect any emerging financial or compliance issues as the company matures.