Company Number: 14395607

Analysis Date: 2025-07-29 15:32 UTC

1. Risk Rating: MEDIUM

Justification: Trilogy Utility Specialists Limited is a newly incorporated micro private limited company with modest net current assets (£4,085) and no audit requirement, reflecting limited financial history. The company appears solvent on paper but has a significant director loan outstanding (£13,885) which indicates reliance on director funding. The small scale and short operating history raise some caution on sustainability and liquidity.

2. Key Concerns:

• Reliance on a director's loan account with a sizeable balance (£13,885) that has not been repaid.
• Low net current assets (£4,085) relative to director advances and potential short-term obligations.
• Very limited trading history (incorporated October 2022) with no profit/loss data disclosed, increasing uncertainty about operational stability.

3. Positive Indicators:

• Company status is active with all statutory filings (accounts and confirmation statement) up to date and no overdue filings.
• Positive net current assets indicate current liabilities are covered by short-term assets.
• Average of 7 employees reported, suggesting some operational activity rather than a dormant or shell entity.
• Control structure is transparent with two directors/shareholders clearly identified.

4. Due Diligence Notes:

• Obtain management accounts or cash flow forecasts to assess current trading performance and liquidity beyond year-end 2023.
• Clarify terms and repayment plans for the director loan and assess any contingent liabilities or related party transactions.
• Review business model and contracts to evaluate sustainability of revenue streams given the company’s short operating history.
• Confirm absence of any regulatory, legal, or compliance issues since incorporation.