Company Number: 14589654

Analysis Date: 2025-07-29 18:47 UTC

1. Risk Rating: LOW
   Workstreamz Limited demonstrates solid liquidity and solvency metrics with positive net current assets and shareholders' funds that have more than doubled from 2024 to 2025. The company is current on all statutory filings, and there is no indication of distress or compliance issues.

2. Key Concerns:

• The company has only one employee (the director), which may limit operational capacity and scalability.
• Director's loan balance, while small and interest-free, lacks formal repayment terms which could pose minor governance risk.
• The absence of an income statement limits visibility into profitability and operational performance.

3. Positive Indicators:

• Increasing cash balance from £58,981 in 2024 to £90,448 in 2025, indicating improving liquidity.
• Strong net current assets (£63,969 in 2025) and shareholders' funds (£64,603 in 2025), reflecting a stable financial position.
• On-time filing of accounts and confirmation statements, reflecting good regulatory compliance.
• Ownership and control consolidated under a single director who is also the sole significant controller, simplifying governance.

4. Due Diligence Notes:

• Investigate the nature and source of director’s loan and confirm repayment plans and governance controls around related-party transactions.
• Obtain or review the company’s profit and loss statements or management accounts to assess operational profitability and sustainability.
• Verify operational plans given the sole employee status to evaluate business scalability and risk exposure from key person dependency.
• Confirm the company’s business model and client base to understand revenue stability given limited disclosed financial details.