WINE CONSULTING LTD

Executive Summary

WINE CONSULTING LTD demonstrates compliance with statutory filings and maintains positive short-term liquidity, yet the notable decrease in net assets and limited financial disclosures typical of a micro-entity raise medium-level concerns. The company's concentrated ownership and modest asset base necessitate further review of governance and operational sustainability before concluding on investment risk.

WINE CONSULTING LTD - Analysis Report

Company Number: 13105307

Analysis Date: 2025-07-20 16:00 UTC

1. Risk Rating: MEDIUM
   While WINE CONSULTING LTD maintains positive net current assets and shareholders’ funds, the decline in net assets over the past year and relatively modest fixed assets highlight some caution. The micro-entity status limits the financial disclosure detail, which constrains a full risk assessment.

2. Key Concerns:

• Declining Net Assets: Net assets decreased from £57,742 in 2023 to £32,632 in 2024, indicating erosion of capital that warrants investigation.
• Limited Financial Transparency: As a micro-entity, the company files abbreviated accounts without a profit and loss statement or audit, limiting insight into profitability and cash flow dynamics.
• Concentration of Control: A single individual holds 75-100% ownership and voting rights, which may pose governance risks and potential challenges in oversight or decision-making balance.

3. Positive Indicators:

• Positive Working Capital: The company reported net current assets of £30,596 as of year-end 2024, suggesting it can cover short-term liabilities.
• No Overdue Filings: Both accounts and confirmation statements are filed on time, indicating regulatory compliance and good governance in terms of statutory obligations.
• Active Industry Engagement: Diverse SIC codes covering wine manufacture, wholesale, retail, and management consultancy show a potentially integrated business model.

4. Due Diligence Notes:

• Review underlying reasons for net asset decline in 2024, including any unusual expenses or asset write-downs.
• Obtain management accounts or cash flow statements to assess liquidity trends and operational performance beyond the balance sheet snapshot.
• Investigate any related party transactions or governance arrangements given the sole controlling shareholder and director structure.
• Confirm the sustainability of the business model given the small asset base and absence of employees.