VADIM EXPERT-TRANS LTD

Executive Summary

VADIM EXPERT-TRANS LTD is a small, active private limited company with a stable but minimal financial base and positive working capital. Compliance with filing requirements and a going concern assertion by management reduce immediate operational and regulatory risk. However, limited equity, unaudited abridged accounts, and minimal asset size warrant further due diligence on profitability and business sustainability before deeper investment consideration.

VADIM EXPERT-TRANS LTD - Analysis Report

Company Number: 12876001

Analysis Date: 2025-07-29 16:14 UTC

1. Risk Rating: LOW
   The company exhibits a stable financial position with net current assets consistently positive over the last five years. It has no overdue filings and remains active with no signs of distress or governance issues. Although capitalisation is minimal, the small scale and consistent positive working capital reduce near-term solvency concerns.

2. Key Concerns:

• Minimal Share Capital: Only £1 in called-up share capital, indicating very limited equity buffer.
• Very Low Absolute Asset Base: Total net assets around £1,200 - £1,300 are extremely small, limiting financial flexibility.
• Limited Financial Disclosure: Accounts are abridged and unaudited, restricting insight into profitability and cash flows.

3. Positive Indicators:

• Consistent Positive Net Current Assets: Working capital remains positive and stable across all reported years, suggesting operational liquidity management.
• No Overdue Filings: Both accounts and confirmation statements are timely, indicating compliance and good governance.
• Going Concern Statement: Directors affirm a reasonable expectation of ongoing operations supported by sales growth and profitability.
• Modest Increase in Employees: Growth from 2 to 3 employees suggests controlled expansion.

4. Due Diligence Notes:

• Profitability and Cash Flow Analysis: As income statements are not filed publicly, obtain internal management accounts to verify operational sustainability.
• Trade Creditors and Debtors Aging: Investigate the nature and collectability of the £245 debtors as of 2024 year-end.
• Director Background Checks: Confirm no disqualification or adverse conduct records for the sole director, Vadim Urecheanu.
• Business Model Viability: Given the dual SIC codes (freight transport by road and plumbing/air conditioning installation), clarify the primary revenue source and its market position.
• Capital Adequacy: Explore plans for capital injection or reserves buildup to mitigate low equity base risk.