TECHIONIK LTD

Executive Summary

TECHIONIK LTD is a recently incorporated micro private limited company showing early signs of improved financial health with positive net current assets and no compliance issues. However, its extremely low net assets, lack of employees, and relatively high accruals warrant cautious monitoring. Further due diligence on operational capacity and cash flow is advised to fully assess sustainability and risk exposure.

TECHIONIK LTD - Analysis Report

Company Number: 14493601

Analysis Date: 2025-07-29 13:32 UTC

1. Risk Rating: MEDIUM
   The company shows some early signs of financial stabilization after initial losses but remains very small with minimal net assets. The positive turnaround in net current assets is encouraging, but the extremely low equity and absence of employees pose solvency and operational sustainability concerns typical of a micro-entity in its startup phase.

2. Key Concerns:

   • Minimal Net Assets and Equity: With net assets of only £27 as of the last financial year, the company has very limited financial buffer to absorb shocks or support growth.
   • No Employees and Limited Operating Scale: The absence of employees suggests the company may rely heavily on the director or outsourcing, which could limit operational capacity and scalability.
   • Accruals and Deferred Income High Relative to Assets: £1,000 in accruals/deferred income against £1,544 current assets indicates potential timing differences in revenue recognition or liabilities that need monitoring for cash flow impact.

3. Positive Indicators:

   • Improved Net Current Assets: The jump from negative working capital in prior years to positive £1,027 indicates improved liquidity management.
   • No Overdue Filings or Compliance Issues: Accounts and confirmation statements are up to date, indicating good regulatory compliance and governance.
   • Single Shareholder with Full Control: Clear ownership with Mr. Hassan Suhail controlling 75-100% reduces complexity in decision making.

4. Due Diligence Notes:

   • Investigate the nature of the accruals and deferred income to understand any contingent liabilities or revenue deferrals that might impact cash flow.
   • Assess the company's business model and operational plans given no employees are recorded; clarify how services are delivered and growth strategy.
   • Review cash flow statements or bank records if available to confirm liquidity beyond balance sheet snapshots.
   • Confirm the legitimacy and activity of the website and contact details to verify operational presence.