WORLDCOM TRADING LTD

Executive Summary

WORLDCOM TRADING LTD currently presents a high risk profile primarily due to negative net assets and working capital deficits indicating potential solvency and liquidity concerns. The company is compliant with filing deadlines but lacks detailed financial disclosures, restricting a comprehensive operational assessment. Further due diligence focusing on detailed financials and operational plans is recommended before considering investment exposure.

WORLDCOM TRADING LTD - Analysis Report

Company Number: 14121559

Analysis Date: 2025-07-20 19:04 UTC

1. Risk Rating: HIGH
   The company exhibits financial weakness with net liabilities of £509 as at the last financial year end. Negative net current assets indicate potential liquidity challenges. Being a micro-entity with minimal financial disclosure limits full transparency, further increasing risk.

2. Key Concerns:

• Negative Net Assets: The company has net liabilities, reflecting that current liabilities slightly exceed current assets, indicating solvency risk.
• Liquidity Position: Negative working capital suggests the company may struggle to meet short-term obligations promptly.
• Lack of Financial Detail: As a micro-entity, the company has filed filleted accounts lacking a profit and loss statement, limiting insight into operational performance or cash flows.

3. Positive Indicators:

• Current Filing Compliance: No overdue accounts or confirmation statements suggest the company is meeting statutory filing requirements on time.
• Sole Director and PSC Alignment: The director and sole person of significant control are the same individual, which may enable streamlined decision-making.
• Active Web Presence: The company website is active and reachable, suggesting ongoing operational intent.

4. Due Diligence Notes:

• Obtain full financial statements including profit and loss accounts to assess profitability and cash flow.
• Review detailed creditor breakdown and payment terms to understand liquidity pressures.
• Investigate the business plan and revenue projections given the negative net asset position and absence of employees.
• Clarify the nature and timing of trade debts and whether any related party transactions exist.
• Confirm whether there are contingent liabilities or off-balance-sheet obligations.
• Validate the director’s background and capacity to provide additional capital if required.