Company Number: 13583505

Analysis Date: 2025-07-29 16:09 UTC

1. Risk Rating: HIGH
   WISER ONM ENERGY LIMITED exhibits significant solvency concerns, reflected in negative shareholders’ funds and net current liabilities as at 31 March 2024. The micro-entity status and limited financial disclosures restrict transparency, but the clear erosion of equity and working capital deficit indicate elevated financial risk.

2. Key Concerns:

• Negative Equity and Net Current Liabilities: The company’s shareholders’ funds have deteriorated from a positive £100 in prior years to a negative £6,509, with current liabilities exceeding current assets by £6,509 at the latest year-end, signaling potential solvency issues.
• Insufficient Financial Information: The accounts omit profit and loss details, limiting insight into operational performance and cash flow generation, which complicates assessment of ongoing viability.
• Small Scale and Limited Asset Base: As a micro-entity with minimal current assets (£5,081) and no fixed assets reported, the company’s ability to withstand financial shocks or generate sustainable revenue streams appears constrained.

3. Positive Indicators:

• Compliance with Filing Requirements: The company’s accounts and confirmation statements are up to date with no overdue filings, indicating regulatory compliance and governance discipline.
• Stable Employment Level: The company maintained an average workforce of 4 employees over the last financial year, which may imply operational continuity despite financial constraints.
• Controlled Ownership: The presence of a significant shareholder (Onm Energy Limited) owning 25-50% suggests some degree of external backing or potential support.

4. Due Diligence Notes:

• Clarify the company’s revenue streams and profit/loss performance, given the omission of the profit and loss account in the filings.
• Investigate the nature and timing of current liabilities to understand liquidity pressures and payment obligations.
• Assess any related party transactions or financial support arrangements from Onm Energy Limited or other connected parties.
• Review director and management plans to restore solvency or restructure obligations.
• Confirm if there are any contingent liabilities or off-balance-sheet commitments not captured in the micro-entity accounts.