THE IT SERVICE HUB LIMITED

Executive Summary

THE IT SERVICE HUB LIMITED presents a low risk profile based on its solid net asset position, improved liquidity, and full compliance with statutory filing requirements. However, the company’s very recent incorporation, absence of employees, and minimal fixed assets warrant further investigation into operational sustainability and business model. Overall, the financial data suggests the company is solvent and well-managed from a compliance standpoint.

THE IT SERVICE HUB LIMITED - Analysis Report

Company Number: 14383740

Analysis Date: 2025-07-20 14:41 UTC

1. Risk Rating: LOW
   The company demonstrates strong net assets relative to liabilities and a solid increase in working capital within its micro-entity scale. No overdue filings or compliance issues are evident, supporting a low risk profile.

2. Key Concerns:

• Lack of employees: The company operated with zero employees in both years, potentially indicating reliance on the sole director or outsourcing, which might limit scalability or operational resilience.
• Limited fixed assets: The fixed asset base is minimal (£1,560 in 2024), which may indicate limited investment in tangible resources or infrastructure, raising questions about operational robustness.
• Short company history: Incorporated in late 2022, the company has a short track record, which restricts the ability to assess long-term financial stability or operational performance.

3. Positive Indicators:

• Strong growth in net current assets from £3,388 in 2023 to £15,940 in 2024 indicates improving liquidity and financial health.
• No overdue accounts or confirmation statements, reflecting good regulatory compliance and governance.
• Sole director and 75-100% shareholder control by the same individual simplifies decision-making and control, reducing potential governance conflicts.
• The company’s classification under IT consultancy and other IT services suggests it operates in a dynamic, growing sector.

4. Due Diligence Notes:

• Verify the source of the increase in current assets to assess sustainability (e.g., receivables, cash balances).
• Understand the nature of the business operations given zero employees and minimal fixed assets—confirm whether key functions are outsourced or automated.
• Review any contractual obligations or liabilities not reflected in current filings that could impact future liquidity or solvency.
• Assess the director’s background, given sole control, to understand experience and any potential risks.
• Confirm no related party transactions or off-balance sheet liabilities exist that could affect the financial position.