WILD LOGIC LIMITED

Executive Summary

Wild Logic Limited’s financial statements reveal a significant deterioration in solvency and liquidity, with net liabilities increasing sharply and current liabilities exceeding current assets by a wide margin as of the 2024 year-end. While the company remains compliant with statutory filings and shows minor employee growth, the negative working capital and concentrated ownership structure present material financial risks. Further investigation into the liabilities composition and operational viability is recommended before considering investment.

WILD LOGIC LIMITED - Analysis Report

Company Number: 13272233

Analysis Date: 2025-07-20 18:05 UTC

1. Risk Rating: HIGH

   The company exhibits significant solvency and liquidity concerns, with net liabilities of £21,953 as of 31 March 2024 and worsening net current liabilities compared to prior years. These indicators suggest an inability to meet short-term obligations without additional capital or financing.

2. Key Concerns:

   • Negative Net Assets and Working Capital: The company moved from positive net assets (£628 in 2023) to substantial net liabilities (£21,953 in 2024), driven by current liabilities vastly exceeding current assets (£720 vs £24,063).
   • Rapid Deterioration in Financial Position: Current liabilities increased over sixfold year-on-year, while current assets decreased sharply, highlighting potential cash flow or creditor payment issues.
   • Small Capital Base with High Control Concentration: Share capital is nominal (£1.00) and majority ownership (75-100%) is held by a single individual who also controls director appointments, which may limit external oversight and capital infusion opportunities.

3. Positive Indicators:

   • Compliance with Filing Requirements: The company is current on statutory filings with no overdue accounts or confirmation statements.
   • Micro-Entity Status: This implies a small scale of operations and simplified reporting, which might limit financial complexity.
   • Employee Growth: The number of employees increased from 1 to 2 in the latest year, suggesting some operational activity or expansion.

4. Due Diligence Notes:

   • Investigate the nature and terms of the increased current liabilities to assess short-term repayment risks.
   • Clarify whether the negative equity position relates to accumulated losses or other factors such as director loans or intercompany balances.
   • Review cash flow statements or management accounts (if available) to understand liquidity trends and funding sources.
   • Assess the business model viability and client base given the classification as management consultancy with limited fixed assets.
   • Confirm director and shareholder intentions regarding capital support or restructuring plans.