Company Number: 14817472

Analysis Date: 2025-07-20 12:33 UTC

1. Risk Rating: LOW
   TELYO LTD demonstrates a sound initial financial position with positive net current assets and no overdue filings. The company is newly incorporated with a straightforward ownership and governance structure, reducing complexity and associated risks at this stage.

2. Key Concerns:

• Newly Established Entity: Incorporated in April 2023, the company has limited operational history, which restrains the ability to assess long-term viability and performance trends.
• No Employees Reported: The absence of employees beyond the director may indicate limited operational capacity or early-stage business activity, which could affect revenue generation and sustainability.
• Single Shareholder and Director: Mr. Yaniv Partouche holds 75-100% shareholding and voting rights, and is also the sole director and secretary. This concentration may raise governance and oversight concerns, especially if the business grows or takes on external investment.

3. Positive Indicators:

• Strong Working Capital Position: With current assets of £147,940 against current liabilities of £39,734, there is a net positive working capital of £108,206, indicating the company can meet short-term obligations comfortably.
• No Overdue Filings: Both accounts and confirmation statements are up to date, showing compliance with regulatory requirements and suggesting good governance practices to date.
• Clear Industry Classification: The company operates in advertising, IT consultancy, software development, and telecommunications—sectors with potential for growth and diversification.

4. Due Diligence Notes:

• Financial Performance Details: The accounts are unaudited and provide limited detail on revenues, expenses, and profit margins. Obtaining management accounts or forecasts would clarify operational viability.
• Cash Flow Analysis: Investigate cash flow statements or bank statements to confirm liquidity beyond balance sheet snapshots, especially given the absence of employees and limited operating history.
• Corporate Governance Practices: Review internal controls given the sole director/shareholder structure, including any plans to recruit additional directors or independent oversight as the business develops.
• Business Model and Client Base: Understand the nature of contracts, clients, and revenue streams to assess sustainability and growth prospects.