THE BOX SHAPE LIMITED

Executive Summary

The Box Shape Limited shows a high risk profile primarily due to its negative net assets and substantial long-term liabilities, which significantly exceed current assets. While regulatory filings are up to date, the company’s very limited scale of operations and financial deterioration raise concerns about its short- and medium-term viability. Further scrutiny of its liabilities and operational plans is recommended to clarify its sustainability.

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Company Analysis

This analysis is opinion only and should not be interpreted as financial advice.

THE BOX SHAPE LIMITED - Analysis Report

Company Number: 13531395

Analysis Date: 2025-07-29 20:43 UTC

  1. Risk Rating: HIGH
    The company exhibits significant solvency risk due to negative net assets of £14,485 as of July 2024, a dramatic deterioration from positive net assets of £384 in the prior year. The large amount of long-term creditors (£17,420) relative to very modest current assets and turnover indicates financial distress.

  2. Key Concerns:

  • Negative Net Assets and Shareholders' Deficit: The company’s equity position has declined sharply, signaling potential insolvency issues.
  • High Long-Term Liabilities: Creditors falling due after more than one year amount to £17,420, considerably exceeding current assets, which may strain future cash flows.
  • Minimal Turnover and No Employees: With reported turnover of only £45,150 in 2023 and no employees, operational scale is very limited, raising sustainability questions.
  1. Positive Indicators:
  • Timely Filing Compliance: No overdue accounts or confirmation statements, indicating good regulatory compliance.
  • Sole Shareholder and Director Consistency: Control is centralized in one individual, potentially allowing for swift decision-making.
  • Low Fixed Assets: Minimal fixed assets reduce risk of impairment or asset write-downs.
  1. Due Diligence Notes:
  • Investigate the nature and terms of the £17,420 long-term liabilities to understand repayment obligations and creditor relations.
  • Review cash flow statements or management accounts (not provided) to assess liquidity beyond balance sheet snapshots.
  • Understand the business model and revenue drivers given low turnover and zero employees, to evaluate operational viability.
  • Confirm whether the company has any contingent liabilities or off-balance sheet commitments.
  • Assess the director’s plans for capital injection or restructuring to address the negative equity position.

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