ULOO LTD

Executive Summary

ULOOL LTD is a recently incorporated micro-entity engaged in portable toilet hire with modest net assets and a leveraged balance sheet. While currently compliant with filing requirements and controlled by a single director, the company’s limited liquidity and significant long-term creditors warrant careful monitoring. Further due diligence on debt terms and operational cash flows is recommended to fully assess financial sustainability.

ULOO LTD - Analysis Report

Company Number: 14526065

Analysis Date: 2025-07-20 15:18 UTC

1. Risk Rating: MEDIUM
   The company shows positive net assets but also has significant long-term creditors relative to its total assets, and very limited current assets and cash, which raises moderate solvency and liquidity concerns given its recent incorporation and micro-entity status.

2. Key Concerns:

• Liquidity Constraints: Current assets of £1,049 are significantly lower than current liabilities of £1,714, indicating a negative working capital position and potential cash flow challenges.
• Long-term Debt: Creditors falling due after more than one year amount to £12,483 against total net assets of only £2,552, suggesting leverage that may strain financial flexibility.
• Operational Scale and Sustainability: The company has no employees and minimal asset base, operating in a niche (portable toilet hire) that may require upfront capital and operational expertise; this raises questions on operational sustainability and growth capacity.

3. Positive Indicators:

• Current Compliance Status: All statutory filings, including accounts and confirmation statements, are up to date with no overdue submissions, reflecting good regulatory compliance and governance practices.
• Clear Ownership and Control: Single director and 75-100% shareholder with no adverse records, suggesting clear decision-making authority and accountability.
• Business Focus and Market Presence: An active website with contact details and social media presence indicates engagement with customers and a defined market offering.

4. Due Diligence Notes:

• Verify the nature and terms of the £12,483 long-term creditors to assess repayment obligations and potential refinancing risks.
• Investigate cash flow statements or management accounts (if available) to understand liquidity trends and operational cash generation.
• Assess business model viability, including customer contracts, pricing strategy, and market demand for portable toilet hire services.
• Confirm absence of director disqualifications or related-party transactions that could impact governance or financial stability.
• Review any contingent liabilities or off-balance sheet obligations not visible in micro-entity accounts.