TO GLOBAL RESOURCES LTD
Company number 13611771 · Monitor this company
This analysis was written by an AI from the company's public filings. It may contain errors or omissions and is not financial or professional advice.
TO GLOBAL RESOURCES LTD - Analysis Report
Company Number: 13611771
Analysis Date: 2025-07-29 17:38 UTC
Risk Rating: LOW
The company demonstrates a positive net asset position with consistent increases in net current assets and shareholders’ funds over the past three years. There are no overdue filings, and the company remains active without any indication of insolvency or liquidation.Key Concerns:
- Limited scale and micro-entity status restrict financial transparency and depth of analysis due to minimal reporting requirements.
- Reliance on a single employee may pose operational risks and limit business continuity.
- Current assets and equity remain modest (£6,772 net assets as of 2024), which could constrain growth and buffer against unforeseen financial shocks.
- Positive Indicators:
- The company shows steady improvement in net current assets and net assets year-on-year (from £362 in 2021 to £6,772 in 2024), suggesting growing financial stability.
- No overdue accounts or confirmation statements, indicating good regulatory compliance and governance discipline.
- Operating within the “other business support service activities” SIC code, which can provide diverse service opportunities and potential for scalability.
- Due Diligence Notes:
- Review detailed profit and loss data (not filed publicly) to assess revenue streams, profitability, and cash flow generation capacity.
- Confirm the nature and sustainability of current assets—whether liquid and readily available for operational needs.
- Investigate the business model and client base to evaluate operational stability given the company’s micro scale and single employee structure.
- Verify absence of any director disqualifications or adverse regulatory actions against the sole director, Mr Taiwo Reuben Oyebanji.
- Explore any contingent liabilities or off-balance sheet risks not disclosed in the minimal accounts.
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