WRSS CONSULTING LTD

Executive Summary

WRSS Consulting Ltd shows a stable financial footing with increasing net assets and no compliance red flags. Its micro-entity status and small operational scale limit visibility into profitability and business resilience. Further due diligence on revenue sources, governance, and client base is recommended to fully assess operational sustainability and risk exposure.

WRSS CONSULTING LTD - Analysis Report

Company Number: 13118375

Analysis Date: 2025-07-20 12:05 UTC

1. Risk Rating: LOW
   WRSS Consulting Ltd demonstrates a solid micro-entity financial position with positive net current assets and net assets increasing year on year. The company is current with all filings, showing no compliance issues. The financials indicate adequate working capital to meet short-term liabilities, and the small scale of operations limits complexity and exposure.

2. Key Concerns:

• Limited scale and scope: As a micro-entity with only one employee and minimal fixed assets, the company’s operational sustainability relies heavily on a very small team and narrow business base.
• Lack of detailed financial disclosures: Micro-entity accounts provide limited insights into profitability, cash flows, or contingent liabilities, restricting thorough risk evaluation.
• Concentrated control: Mr. Waqar Rashid holds significant ownership and control, which may pose governance risks if decision-making is not well balanced.

3. Positive Indicators:

• Positive and growing net current assets, from £4,622 in 2023 to £10,494 in 2024, indicating improving liquidity position.
• No overdue accounts or confirmation statements, reflecting good regulatory compliance discipline.
• Net assets more than doubled from £5,481 to £11,198 year on year, suggesting financial stability and some retained earnings or capital injections.

4. Due Diligence Notes:

• Investigate the company’s revenue streams and profitability since these are not disclosed in micro-entity filings.
• Assess client concentration and contract stability given the small operational scale and limited staff.
• Review governance arrangements, given the dominant control by a single individual, to ensure appropriate oversight.
• Confirm the nature of consultancy and hospital activities to understand business risks and sector exposure.