YOUR MORTGAGE CASHBACK LTD

Executive Summary

YOUR MORTGAGE CASHBACK LTD, a recently incorporated micro-entity, currently shows a negative net asset position and insufficient current assets to cover liabilities, indicating a high solvency risk. While regulatory filings are current and directors have relevant industry experience, the company’s financial position raises concerns about its short-term liquidity and operational sustainability. Further due diligence is warranted to evaluate its business viability and plans to rectify its financial position.

YOUR MORTGAGE CASHBACK LTD - Analysis Report

Company Number: 15153661

Analysis Date: 2025-07-20 17:47 UTC

1. Risk Rating: HIGH
   The company’s financials show net current liabilities of £1,371 and negative net assets of the same amount, indicating insolvency at the balance sheet date. This raises significant concerns about the company’s ability to meet its short-term obligations and continue as a going concern.

2. Key Concerns:

• Negative Net Assets: The balance sheet reports net liabilities (£1,371) despite being a micro-entity, which is a clear solvency risk.
• Minimal Current Assets: Only £87 in current assets against £1,458 in current liabilities suggests very limited liquidity and potential cash flow issues.
• Newly Incorporated with Limited Track Record: Incorporated in September 2023 with only one financial year filed; financial sustainability and operational stability cannot yet be assessed reliably.

3. Positive Indicators:

• Compliance with Filings: Accounts and confirmation statements are up to date with no overdue filings, indicating regulatory compliance.
• Experienced Directors: Both directors are financial advisers, which may provide relevant industry expertise for the business model.
• Active Website and Market Presence: The company maintains an active website and email contact, suggesting ongoing business operations.

4. Due Diligence Notes:

• Investigate the source and timing of the current liabilities to understand if they are trade payables, director loans, or other debts.
• Review cash flow projections and funding plans to assess how the company intends to address the negative working capital position.
• Confirm the nature of business activities and revenue generation to evaluate operational sustainability.
• Verify directors’ track records and any potential personal financial exposure or guarantees.
• Monitor future filings for improvements or continued financial deterioration.