TIRESIAS SOLUTIONS LIMITED

Executive Summary

Tiresias Solutions Limited is an active private limited management consultancy with stable governance and up-to-date filings. However, declining net assets and limited operational scale, indicated by no employees, suggest medium financial risk. Further investigation into revenue streams and debt obligations is recommended to assess long-term viability.

TIRESIAS SOLUTIONS LIMITED - Analysis Report

Company Number: 12947863

Analysis Date: 2025-07-20 14:28 UTC

1. Risk Rating: MEDIUM
   The company shows modest net current assets and positive shareholders’ funds but has relatively small cash reserves compared to current liabilities, with a downward trend in net assets over recent years. The absence of employees and reliance on directors suggest operational constraints. No overdue filings or liquidation status reduce immediate regulatory concerns.

2. Key Concerns:

• Declining net assets: From £23k in 2020 to £12k in 2024 indicates erosion of equity and potential financial stress.
• Cash relative to liabilities: Cash at £75,698 versus current liabilities of £63,651 in 2024 leaves limited buffer after other creditors and bank loans are considered.
• No employees reported: Zero staff may indicate limited operational capacity or outsourcing dependency, raising sustainability questions.

3. Positive Indicators:

• Timely filing: Both accounts and confirmation statements are up to date with no overdue filings.
• Positive net current assets: £12,047 in 2024 shows working capital is positive, suggesting short-term obligations can be met.
• Director continuity and control: Two current directors with a stable PSC owning 75-100% shares, indicating clear governance and ownership structure.

4. Due Diligence Notes:

• Review detailed profit and loss data (not filed publicly) to assess revenue generation and expense trends.
• Investigate the nature of bank loans and overdrafts to understand debt servicing obligations.
• Clarify business model given no reported employees—are consultants subcontracted, or is the company dormant operationally?
• Assess any off-balance sheet liabilities or contingencies not captured in filleted accounts.
• Confirm the company's client base, contract pipeline, and revenue visibility to validate sustainability.