WEBSURE CIC

Executive Summary

WEBSURE CIC displays a solid financial foundation with strong liquidity and no immediate liabilities, reflecting a healthy financial "pulse" for a young community interest IT consultancy. While operational scale is currently minimal, the company’s conservative asset base and net asset stability position it well for growth. To enhance financial wellness, WEBSURE CIC should focus on increasing operational capacity, transparency, and stakeholder engagement as it develops.

WEBSURE CIC - Analysis Report

Company Number: 14123009

Analysis Date: 2025-07-29 12:35 UTC

Financial Health Assessment for WEBSURE CIC as of 31 May 2024

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1. Financial Health Score: B

Explanation:
WEBSURE CIC demonstrates stable and improving financial health for a young private company limited by guarantee. The company shows solid liquidity with positive net current assets, zero current liabilities, and steady growth in net assets. Despite no reported employees or revenue details, the balance sheet reflects a cautious approach with minimal debt and sufficient cash reserves. The slight decline in total net assets compared to the previous year is due to depreciation charges, which is normal. Overall, the financial "vital signs" are good, with no alarming symptoms indicating distress, but the company remains in an early growth phase and should focus on expanding operational activity and revenue generation.

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2. Key Vital Signs

Vital Sign	Figure (2024)	Interpretation
Fixed Assets	£100	Minimal tangible assets remaining after depreciation; indicates careful asset management.
Current Assets (Cash)	£519	Healthy cash reserves relative to liabilities; excellent liquidity "pulse".
Current Liabilities	£0	No short-term debts; no immediate financial pressure.
Net Current Assets	£519	Positive working capital; the company can comfortably cover short-term obligations.
Net Assets (Shareholders' Funds)	£619	Positive equity base, though reduced from £885 last year due to depreciation; still solid for a young company.
Employees	0	No staff employed; suggests reliance on directors or contractors, low operational overhead.
Profit & Loss Account	£619	Retained earnings reflected as net assets, no losses recorded; financial "vital signs" stable.

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3. Diagnosis

Symptoms Analysis:

• The company exhibits strong liquidity with cash exceeding current liabilities, indicating "healthy cash flow" and a low risk of short-term financial distress.
• The reduction in fixed assets from £562 to £100 due to depreciation is a normal accounting "wear and tear" symptom, not a sign of financial illness.
• The absence of debt is a positive sign; no "symptoms of distress" such as overdue liabilities or creditor pressure are present.
• No employees indicate limited operational scale, which could be a "growth bottleneck" symptom depending on business plans.
• The company is still in an early stage (incorporated in 2022) and hence the financial statements reflect a developing business rather than an established one.
• The lack of disclosures on profit and loss performance limits insight into revenue generation and profitability; however, net asset stability is reassuring.
• No remuneration to directors suggests low overhead but may also mean limited resource commitment.

Overall Financial Condition:
The company is financially healthy, showing good liquidity and conservative balance sheet management. It has no immediate financial distress symptoms and maintains a stable equity base. However, as a community interest company, its social mission is prioritized, and financial growth may be modest or reinvested. The early stage and minimal operational scale suggest the company is still establishing its market presence and revenue streams.

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4. Recommendations

• Enhance Revenue Transparency: Consider filing more detailed profit and loss accounts in future to provide clarity on operational performance and profitability—a key diagnostic tool for stakeholders.
• Operational Scaling: Evaluate the feasibility of employing staff or contractors to support business growth, as zero employees may limit capacity to expand services and revenue.
• Asset Management: Review depreciation policies and consider potential investment in technology or assets that support the core IT consultancy services to maintain competitive advantage.
• Stakeholder Engagement: Introduce more systematic consultation with stakeholders as part of the community interest commitment to enhance social impact reporting and transparency.
• Cash Utilization: With healthy cash reserves, explore prudent investments in marketing, staff training, or technology upgrades to stimulate growth without compromising liquidity.
• Regular Financial Monitoring: Maintain a rigorous internal review of financial metrics to detect any emerging symptoms early, especially as the company grows and takes on more operational complexity.

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