TRAINING PLUS ACADEMY LTD
Company number 15066487 · 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.
TRAINING PLUS ACADEMY LTD - Analysis Report
Company Number: 15066487
Analysis Date: 2025-07-20 18:45 UTC
Risk Rating: HIGH
Justification: The company is a recently incorporated micro-entity with net liabilities of £4,190 as of its first financial year-end, indicating negative net assets. It has current liabilities exceeding current assets by £3,890, suggesting liquidity concerns. The absence of employees and the small scale of operations heighten operational risk.Key Concerns:
- Negative net assets and net current liabilities indicate solvency risk and potential difficulties meeting short-term obligations.
- No employees and minimal asset base raise questions about operational sustainability and business scale.
- Recent change in directorship with one director resigning within a year may signal internal instability or governance issues.
- Positive Indicators:
- The company is compliant with filing deadlines for both accounts and confirmation statements, showing regulatory adherence.
- Control is centralized under one director with full ownership and voting rights, which can facilitate swift decision-making.
- The company operates in an education-related sector with an active website and contact details, indicating some market presence.
- Due Diligence Notes:
- Investigate the nature and timing of current liabilities to assess if they are trade creditors, short-term loans, or other obligations.
- Confirm the company’s revenue streams and cash flow projections given the negative working capital and lack of employees.
- Review reasons behind director resignation and assess governance practices and management stability.
- Validate the operational status and business model since the company is very young and financial disclosures are limited.
- Examine any related party transactions or external support (e.g., shareholder loans) that might not be reflected in the accounts.
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