W & B INC. LIMITED

Executive Summary

W & B INC. LIMITED is currently facing significant financial stress, as evidenced by negative equity and material liquidity shortfalls at the last reported date. While it remains compliant with filing requirements and holds some fixed assets, the lack of profitability data and sharp decrease in liquid assets raise serious concerns about its ability to meet obligations and sustain operations. Further detailed financial and operational information is essential to fully assess the company’s viability.

W & B INC. LIMITED - Analysis Report

Company Number: 13815575

Analysis Date: 2025-07-29 15:05 UTC

1. Risk Rating: HIGH
   The company's financial position as of the last reporting date exhibits significant solvency and liquidity concerns, with net liabilities and substantial current liabilities exceeding current assets. The negative shareholders' funds and net current liabilities indicate potential difficulty in meeting short-term obligations.

2. Key Concerns:

• Negative Equity and Net Current Liabilities: At 31 December 2023, shareholders’ funds were negative (£-3,906) and net current liabilities were substantial (£-299,441), suggesting an inability to cover short-term debts with current assets.
• Drastic Decline in Current Assets: Current assets dropped from £86,000 in 2022 to just £768 in 2023 while current liabilities increased sharply, indicating liquidity stress.
• Lack of Profit and Loss Information: The company has elected not to file a profit and loss account, limiting insight into operational profitability and cash flow dynamics, which complicates assessment of operational sustainability.

3. Positive Indicators:

• Active Status with No Overdue Filings: The company is current with its statutory filing obligations for both accounts and confirmation statements, reflecting compliance discipline.
• Single Director with Full Control: The sole director and 100% owner is clearly identified, which may streamline decision-making and governance, though it also concentrates control risk.
• Fixed Asset Investment: The reported fixed assets of £295,535 suggest some substantive capital investment, possibly in building projects consistent with the SIC code 41100.

4. Due Diligence Notes:

• Investigate the Nature and Valuation of Fixed Assets: To verify whether these are tangible assets that can be leveraged or sold to address liquidity issues.
• Request Management Accounts or Cash Flow Statements: To understand the cause of the sharp decline in current assets and to assess ongoing liquidity and operational cash flow.
• Clarify Business Model and Revenue Streams: Given the lack of P&L disclosure, understanding how the company generates income and its operational viability is critical.
• Review Director’s Background and Related Party Transactions: Since the director holds all control, it is prudent to assess any conflicts of interest or transactions that might affect company finances.