TOTUS INTERNATIONAL LIMITED

Executive Summary

TOTUS INTERNATIONAL LIMITED has demonstrated a notable improvement in financial position after several years of negative equity, indicating a possible recovery. Despite this, the lack of employees and limited transparency typical of a micro-entity presents ongoing operational and liquidity risks. Regulatory compliance is satisfactory, but further due diligence on operational sustainability and cash flow is recommended.

TOTUS INTERNATIONAL LIMITED - Analysis Report

Company Number: 12552030

Analysis Date: 2025-07-29 19:51 UTC

1. Risk Rating: MEDIUM
   The company’s financial position has improved significantly in the latest year, moving from net liabilities to net assets, which suggests a turnaround. However, prior years showed sustained losses and negative net assets, indicating historical financial stress. The absence of employees and limited disclosure on operations imply potential risks in operational sustainability.

2. Key Concerns:

• Historical negative net assets and persistent liabilities from incorporation until the latest reporting date, raising concerns about past solvency and financial stability.
• Micro-entity status with minimal financial disclosures and no audit limits transparency, making it difficult to fully assess financial health and operational scale.
• Zero reported employees and limited operational information may indicate a lack of active business activities or reliance on external contractors, which could affect sustainability.

3. Positive Indicators:

• Turnaround in the latest financial year with net current assets of £12,336 and positive shareholders’ funds of £11,616, showing improved liquidity and solvency.
• Accounts and confirmation statements are up to date with no overdue filings, reflecting good regulatory compliance and governance discipline.
• Control is concentrated with a single director and major shareholder, which may facilitate swift decision-making and strategic implementation.

4. Due Diligence Notes:

• Investigate the nature and source of the recent improvement in net assets and whether it is sustainable going forward.
• Review cash flow statements and any related party transactions, given the micro-entity status and limited public financial data.
• Clarify the company’s operational model given zero employees, including dependency on contractors or outsourcing, and assess revenue streams and client base reliability.