TOSH ACCOUNTANCY LIMITED

Executive Summary

Tosh Accountancy Limited is a small, active accounting services provider with a clean compliance record and modest but positive net assets. The company’s financial simplicity and up-to-date filings indicate low immediate risk, although its limited scale and single-person control warrant standard operational and governance due diligence. Overall, the company appears financially stable within its micro-entity parameters.

TOSH ACCOUNTANCY LIMITED - Analysis Report

Company Number: 13694879

Analysis Date: 2025-07-29 12:35 UTC

1. Risk Rating: LOW
   Tosh Accountancy Limited presents a low financial risk profile based on the available data. The company is active, compliant with filing deadlines, and shows positive net current assets with no current liabilities. The micro-entity classification and business nature (accounting and bookkeeping) typically indicate lower operational complexity and risk.

2. Key Concerns:

• Limited financial history and scale: As a recently incorporated micro-entity (since 2021), the company has minimal financial data and very modest net assets (£7,434 as of 2023), which could affect its capacity to absorb shocks or finance growth.
• Single director and principal control: The company is controlled and directed solely by Stephen Joseph-Omotoso, which could represent concentration risk in governance and decision-making.
• Lack of fixed assets or tangible collateral: The balance sheet shows zero fixed assets, indicating reliance on intangible or service-based operations without significant physical security for creditors.

3. Positive Indicators:

• Solid net current assets position with no current liabilities, indicating good short-term liquidity and ability to meet immediate obligations.
• Up-to-date statutory filings (accounts and confirmation statements) with no overdue returns, reflecting good regulatory compliance and governance discipline.
• Niche industry focus in accounting and bookkeeping, which can provide steady demand and recurring client engagements, supporting operational stability.
• Active website and contact details suggest ongoing business activity and transparency.

4. Due Diligence Notes:

• Review detailed profit and loss accounts and cash flow statements (not provided) to assess operational profitability and cash generation capacity.
• Confirm no undisclosed liabilities or contingent risks, especially given the small scale and sole director structure.
• Assess client base, contracts, and revenue stability to evaluate business sustainability.
• Verify director background and reputation beyond basic appointment data to mitigate governance risk.
• Monitor future filings and any changes in company size or structure that might impact financial stability or compliance.