THE FUTURES WAY LTD

Executive Summary

The Futures Way Ltd is operating under significant financial strain with persistent negative equity and minimal liquidity, posing high solvency risk. Despite regulatory compliance and clear ownership, the lack of operational activity and financial disclosures suggests caution. Detailed due diligence on business operations and funding is essential to evaluate future viability.

THE FUTURES WAY LTD - Analysis Report

Company Number: 13574691

Analysis Date: 2025-07-29 19:12 UTC

1. Risk Rating: HIGH
   The company exhibits significant solvency and liquidity risks, demonstrated by persistent and substantial negative net assets and shareholder funds over multiple years, coupled with minimal current assets relative to current liabilities.

2. Key Concerns:

• Negative Net Assets and Shareholders' Funds: The company has reported net liabilities of £3,369 consistently from 2022 through 2024, indicating ongoing accumulated losses or funding shortfalls.
• Insignificant Current Assets vs. Liabilities: Current assets have declined to only £52 as of August 2024, while current liabilities remain materially high at £3,421, suggesting severe liquidity constraints and inability to meet short-term obligations.
• Lack of Operational Activity: The company has zero employees and minimal reported assets, and the profit and loss account has not been filed, raising concerns about the sustainability and actual business activity.

3. Positive Indicators:

• Compliance with Filing Deadlines: The company has filed accounts and confirmation statements on time, with no overdue filings noted, reflecting adherence to regulatory requirements.
• Clear Ownership and Control: A single individual, Ms. Omolara Oyebimpe Okpor, holds full control, which can facilitate swift decision-making and governance clarity.
• No Indication of Insolvency Proceedings: The company is active and not in liquidation, administration, or receivership, allowing potential for restructuring or turnaround.

4. Due Diligence Notes:

• Investigate Nature and Sustainability of Business Activities: Given the SIC codes (educational support, sports education, management consultancy, retail), confirm actual trading operations and revenue generation.
• Examine Financial Support and Funding Sources: Review any related party loans, director funding, or external financing arrangements that may be sustaining the business despite negative equity.
• Request Profit and Loss Statements: As the profit and loss account has not been submitted, obtaining detailed P&L data is crucial to assess operational performance and cash flow dynamics.
• Assess Director’s Plans and Strategy: Engage with the director to understand plans for addressing the negative net asset position and improving liquidity.

Executive Summary:
The Futures Way Ltd currently exhibits high financial risk characterized by sustained negative net assets and severe liquidity constraints. While compliance with filings and stable ownership structure are positive, the absence of operational activity and financial losses raise significant concerns about the company's viability. Further investigation into its business model, financial support, and strategic outlook is warranted to fully assess investment risk.