WIZZO TEQ LIMITED

Executive Summary

Wizzo Teq Limited is a recently incorporated micro-entity exhibiting significant solvency and liquidity challenges, with net liabilities and a large working capital deficit evident in its first reported financial year. While it maintains regulatory compliance and has clear ownership structure, the lack of operational track record and negative net assets present a high investment risk. Further due diligence on cash flow strategy and management credentials is recommended before considering financial exposure.

WIZZO TEQ LIMITED - Analysis Report

Company Number: 14590330

Analysis Date: 2025-07-20 15:59 UTC

1. Risk Rating: HIGH
   Wizzo Teq Limited exhibits significant solvency concerns with net liabilities and negative net current assets shortly after incorporation. The micro-entity status and minimal asset base further elevate risk.

2. Key Concerns:

• Negative Net Assets: The company reported net liabilities of £1,394 as at 31 January 2024, indicating the company’s liabilities exceed its assets.
• Severe Working Capital Deficit: Current liabilities (£55,799) vastly exceed current assets (£215), resulting in a negative net current asset position of £-55,584, a red flag for liquidity and short-term financial health.
• Recent Incorporation with Limited Financial History: Incorporated in January 2023, the company’s financial history is minimal, reducing visibility on operational sustainability and profitability prospects.

3. Positive Indicators:

• Compliance with Filing Requirements: The company is current on its accounts and confirmation statement filings, indicating regulatory compliance and governance discipline.
• Sole Director and PSC Alignment: The sole director, Shamim Hussain, holds 75-100% ownership and voting rights, simplifying decision-making and accountability.
• Exemption from Audit: Given the micro-entity status, the company benefits from simplified reporting requirements, reducing overhead costs in early stages.

4. Due Diligence Notes:

• Examine Cash Flow Projections and Funding Sources: Investigate how the company plans to address its working capital deficit and fund operations going forward.
• Review Business Model and Revenue Streams: Understand whether the negative equity position is typical for this industry/startup phase or symptomatic of deeper operational challenges.
• Assess Director’s Background: Given the director’s central role, review any prior directorships and financial track record to gauge management capability and integrity.
• Clarify Fixed Asset Composition: Determine the nature of the £54,790 fixed assets to assess their liquidity and utility for business operations or collateral purposes.