X-AM TRAINING LTD

Executive Summary

X-Am Training Ltd is a recently formed micro-entity with very limited capital and operating history, presenting moderate risk primarily due to its fragile financial position and concentrated control. While current compliance and positive working capital are encouraging, further monitoring and detailed due diligence on operational viability are essential before considering investment exposure.

X-AM TRAINING LTD - Analysis Report

Company Number: 15042667

Analysis Date: 2025-07-29 15:57 UTC

1. Risk Rating: MEDIUM
   The company is newly incorporated with minimal net assets (£100) and modest net current assets (£660). While it is not currently overdue on filings and shows no immediate solvency distress, the very low equity base and minimal working capital suggest limited financial buffer against operational or market shocks.

2. Key Concerns:

• Very Low Net Assets and Equity: Net assets of just £100 indicate a fragile capital structure, which may impair the company’s ability to absorb losses or fund growth without external support.
• Limited Financial History and Scale: Incorporated in August 2023 with only one year of financial data, the company’s operational viability and revenue generation ability remain unproven.
• Concentration of Control: Single director and sole shareholder (Mr. Adam Owen Thomas) with full voting rights may limit governance oversight and increase risk of decisions not challenged or diversified.

3. Positive Indicators:

• Compliance with Filing Obligations: Up to date with accounts and confirmation statement filings, reducing regulatory risk.
• Positive Working Capital: Current assets exceed current liabilities by £660, indicating ability to cover short-term obligations.
• Clear Industry Classification: Operating in "Other education not elsewhere classified" (SIC 85590), which can be a stable sector if well-managed.

4. Due Diligence Notes:

• Review Business Model and Revenue Streams: Assess underlying business plan, contracts, client base, and cash flow projections to understand sustainability.
• Examine Director’s Background and Related Party Transactions: Given sole control, verify director’s experience and check for any undisclosed liabilities or transactions with related parties.
• Monitor Future Financial Performance: Track forthcoming filings for improved asset base, profitability, and cash flow to validate early-stage stability.