TURNING SANDS OF TIME LTD

Executive Summary

Turning Sands Of Time Ltd is a small private company with a stable and improving financial position evident in its growing net current assets and shareholders’ funds. The company maintains compliance with regulatory filings and shows no immediate solvency or liquidity concerns. However, limited cash reserves, minimal fixed assets, and single director control warrant further examination to ensure operational resilience and long-term stability.

TURNING SANDS OF TIME LTD - Analysis Report

Company Number: 13054963

Analysis Date: 2025-07-29 17:07 UTC

1. Risk Rating: LOW
   The company demonstrates a stable financial position with positive net current assets and shareholders' funds increasing year on year. There are no overdue filings or indications of regulatory non-compliance. Cash levels, while modest, cover current liabilities comfortably.

2. Key Concerns:

• Low absolute cash balance (£6,823) relative to the scale of operations, which may constrain liquidity if unexpected expenses arise.
• Small scale of tangible fixed assets (£297) suggests limited operational capacity or capital investment, which may affect scalability or resilience.
• Concentration of control with a single director and minimal staffing (average 2 employees) may pose operational continuity risks.

3. Positive Indicators:

• Consistent increase in net current assets from £1,914 in 2020 to £5,024 in 2023, indicating improving working capital management.
• Shareholders’ funds have more than doubled since incorporation, reflecting retained earnings and financial growth.
• Compliance with filing deadlines for accounts and confirmation statements, demonstrating sound governance.
• No audit exemption is appropriately claimed under small company regime, consistent with company size.

4. Due Diligence Notes:

• Review detailed profit and loss data to assess profitability trends and cash flow generation, as income statement was not filed publicly.
• Investigate the nature of "Other creditors" which increased from £569 to £1,487, to understand any potential contingent liabilities or supplier concentration.
• Confirm director’s background and creditworthiness as sole director controlling operations.
• Assess customer base and revenue streams to evaluate business sustainability given limited physical assets.