TRAVELER DEV LTD

Executive Summary

Traveler Dev Ltd is a small, micro-entity with a strong liquidity position and no compliance issues, supporting a low risk rating. However, a notable decline in net assets over recent years and limited operational scale warrant further review of profitability and business model sustainability. Overall, the company appears solvent and compliant, but additional financial detail is recommended to fully assess long-term viability.

TRAVELER DEV LTD - Analysis Report

Company Number: 13120175

Analysis Date: 2025-07-20 12:21 UTC

1. Risk Rating: LOW
   Traveler Dev Ltd demonstrates a solid net current asset position and positive shareholders’ funds over recent years, indicating good solvency and liquidity for a micro-entity. There are no overdue filings or liquidation indicators, supporting a low risk assessment.

2. Key Concerns:

• Significant reduction in net current assets and shareholders’ funds from £148,148 in 2021 to £50,702 in 2024, which may suggest declining profitability or asset depletion.
• Very limited scale with only one employee and nominal share capital (£100), which could constrain operational flexibility and growth potential.
• The company’s SIC code (82990) indicates a broad and unspecified business support activity, which may pose challenges in assessing competitive positioning and revenue stability without further detail.

3. Positive Indicators:

• Consistent positive net current assets and shareholders’ funds across five years, demonstrating ability to meet short-term obligations.
• Up to date with both accounts and confirmation statement filings, indicating good regulatory compliance and governance.
• Ownership and control clearly consolidated under a single director and PSC, potentially streamlining decision-making and accountability.

4. Due Diligence Notes:

• Review the company’s profit and loss data and cash flow statements (not provided here) to understand the cause of the reduction in net assets and ascertain sustainability of operations.
• Investigate the nature of business activities under SIC 82990 for competitive analysis and revenue drivers.
• Confirm the absence of any contingent liabilities or off-balance sheet obligations that may impact financial stability.
• Assess the background and reputation of the director/PSC for any governance or operational concerns.