TROXAN HOLDINGS LIMITED

Executive Summary

Troxan Holdings Limited, a newly formed private holding company, currently demonstrates strong liquidity and no regulatory compliance issues. While financial statements are unaudited and operational history is limited, the substantial cash balance and absence of liabilities indicate low solvency risk at present. Further due diligence on the business model and cash sources is recommended to assess long-term operational stability.

TROXAN HOLDINGS LIMITED - Analysis Report

Company Number: 15022382

Analysis Date: 2025-07-29 13:40 UTC

1. Risk Rating: LOW
   Troxan Holdings Limited shows strong financial stability with substantial cash balances relative to minimal liabilities. The company is newly incorporated but presents no overdue filings or negative indicators at this stage.

2. Key Concerns:

• The company is very recently incorporated (July 2023); limited operating history increases uncertainty about future operational stability.
• Profit and loss details are abridged and unaudited, limiting insight into revenue sources and expense structure.
• Reliance on a single director and majority shareholder (Mr Kagan Seymenoglu) concentrates control and decision-making risk.

3. Positive Indicators:

• Significant liquidity with cash holdings of over £5.8 million against current liabilities of under £6,000, indicating strong short-term solvency.
• Shareholders’ funds equal total assets less current liabilities, showing no apparent debt burden.
• Up-to-date statutory filings with no overdue accounts or confirmation statements, suggesting good regulatory compliance.

4. Due Diligence Notes:

• Investigate the nature and source of the substantial cash balance to confirm sustainability and absence of contingent liabilities.
• Review business model and revenue generation mechanisms given the holding company SIC code and limited operational data.
• Monitor any related party transactions, especially the £146 owed to key management, for potential conflicts of interest or funding arrangements.