WEHIVE LTD

Executive Summary

WEHIVE LTD has demonstrated a recovery from prior negative net assets to a modest positive financial position within the last year, with no overdue filings and an active operational presence. However, the small scale, lack of employees, and prior liquidity volatility warrant caution and further investigation into cash flow stability and governance structure before considering investment.

WEHIVE LTD - Analysis Report

Company Number: 13886932

Analysis Date: 2025-07-20 14:18 UTC

1. Risk Rating: MEDIUM
   While the company has moved from negative to positive net assets within one year, indicating a turnaround, the absolute scale of net assets is modest (£2,421). The micro-entity size and zero employees suggest a small operation with limited resource buffers. The financials show some volatility and modest working capital.

2. Key Concerns:

• Volatility in Net Current Assets: The company reported negative net current assets in 2023 (-£3,354) but positive in 2024 (£2,613), indicating potential liquidity instability in the recent past.
• Zero Employees and Small Scale: With no employees and a micro-entity profile, operational sustainability and growth capacity appear limited, which may impact long-term viability.
• Director and Secretary Roles Concentrated: Fahim Salam holds multiple roles (director and secretary), which could pose governance risks if not balanced by independent oversight.

3. Positive Indicators:

• Improved Financial Position: The latest accounts show a positive net asset position and working capital, suggesting the company has addressed prior liquidity concerns.
• Compliance with Filings: No overdue accounts or confirmation statements; filings are up-to-date, indicating good regulatory compliance.
• Active Website and Contact Information: Presence of an active website and phone numbers supports operational transparency and suggests ongoing business activity.

4. Due Diligence Notes:

• Investigate the nature and sustainability of the company’s revenue streams, given the micro size and zero staff.
• Review cash flow statements (not provided) to assess ongoing liquidity and operating cash generation.
• Confirm the roles and responsibilities of directors and secretary to evaluate governance adequacy.
• Understand if the company relies on outsourcing or contractors given no employees.
• Assess the impact of accruals and deferred income (£1,382) on financial performance and cash flow.