Company Number: 14094687

Analysis Date: 2025-07-20 13:33 UTC

1. Risk Rating: MEDIUM

Justification: Wilbrook Training Ltd shows improving financial metrics with positive net current assets and net assets as of the latest accounts, indicating some solvency recovery. However, the company remains small with limited operating history since incorporation in 2022 and modest cash balances. Outstanding long-term liabilities and relatively low equity buffer suggest moderate financial risk.

2. Key Concerns:

• Current liabilities were significantly higher than current assets in the initial year, indicating past liquidity challenges that only recently improved.
• The company carries long-term debt (£7,292) which, relative to net assets (£12,060), implies leverage that could constrain cash flow flexibility.
• Limited scale and a very small workforce (2 employees) raise questions about operational sustainability and capacity to scale or absorb shocks.

3. Positive Indicators:

• The company has filed all statutory accounts and confirmation statements on time, showing regulatory compliance.
• Net current assets improved from a negative £10,249 in 2023 to a positive £3,634 in 2024, reflecting better short-term liquidity.
• The directors have declared profits and paid dividends, indicating some profitability and shareholder returns.
• The company benefits from a clear ownership and governance structure with two directors holding significant control.

4. Due Diligence Notes:

• Investigate the nature and terms of the bank loans and other creditors to assess repayment schedules and covenant risks.
• Review cash flow statements and forecasts to verify ongoing liquidity and ability to service debt.
• Assess revenue sources and client concentration given the niche SIC code (70229 - management consultancy other than financial management) to evaluate operational sustainability.
• Confirm no director disqualifications or adverse regulatory actions, though none are indicated in the current data.
• Consider the impact of the small employee base on business continuity and growth prospects.