VSNK LICENSORS LIMITED

Executive Summary

VSNK LICENSORS LIMITED is a newly incorporated private limited company operating in the licensed restaurant sector. The company currently faces high financial risk due to negative net assets and a significant working capital deficit within its first year. While the company maintains statutory compliance and clear governance, further investigation into director loans and business viability is essential to assess the sustainability of operations and ability to meet obligations.

View Full Analysis Report →

Company Analysis

This analysis is opinion only and should not be interpreted as financial advice.

VSNK LICENSORS LIMITED - Analysis Report

Company Number: 15128316

Analysis Date: 2025-07-29 12:32 UTC

  1. Risk Rating: HIGH
    The company exhibits significant solvency and liquidity concerns as evidenced by negative net assets and net current liabilities shortly after incorporation. The financial position reflects an inability to meet short-term obligations without external support.

  2. Key Concerns:

  • Negative Net Assets: The company reports net liabilities of £9,117 at the end of its first financial year, indicating that liabilities exceed assets.
  • Severe Working Capital Deficit: Current liabilities (£59,226) far exceed current assets (£24,176), resulting in net current liabilities of £33,486, a critical liquidity risk.
  • Director Advances as Negative Balances: Substantial director loans recorded as negative balances (£52,614 total), which may indicate reliance on director funding to sustain operations, possibly masking cash flow issues.
  1. Positive Indicators:
  • Timely Filings: Both accounts and confirmation statements are filed on time, reflecting compliance with statutory requirements and no immediate regulatory concerns.
  • Clear Ownership and Management: PSC information shows two directors/shareholders with equal control, providing transparency in governance.
  • No Employees Yet: Absence of employees could imply low operating costs at this early stage, potentially allowing time to improve financial position before scaling.
  1. Due Diligence Notes:
  • Examine Business Model and Revenue Generation: As a licenced restaurant business (SIC 56101) incorporated recently, assess plans for revenue generation and timeline to profitability.
  • Investigate Director Loans: Clarify the nature, terms, and sustainability of director advances and whether these are repayable or convertible to equity.
  • Review Cash Flow Projections: Obtain management forecasts and cash flow statements to evaluate how the company plans to address its working capital deficit and negative equity.
  • Assess External Financing Plans: Determine if there are commitments or plans for additional capital injections, loans, or other funding sources to stabilize financial position.
  • Understand Delays or Issues in Asset Utilization: Fixed assets are low (£25,799); verify what assets these represent and how they are being utilized to generate income.


More Company Information


Follow Company
  • Receive an alert email on changes to financial status
  • Early indications of liquidity problems
  • Warns when company reporting is overdue
  • Free service, no spam emails
  • Follow this company