ZEUS SECURITY SOLUTIONS LTD

Executive Summary

Zeus Security Solutions Ltd is a small, privately owned security services company exhibiting fragile liquidity and thin working capital. The company remains solvent but has a significant tax creditor balance and an overdue statutory filing that raise concerns regarding cash flow management and regulatory compliance. Further investigation into cash flow projections and governance practices is recommended to clarify operational stability.

ZEUS SECURITY SOLUTIONS LTD - Analysis Report

Company Number: 13273088

Analysis Date: 2025-07-29 15:31 UTC

1. Risk Rating: MEDIUM
   The company is solvent with positive net current assets and net assets, but the margins are very thin and the working capital position is fragile. The overdue confirmation statement filing is a regulatory compliance concern, and cash balances have declined significantly.

2. Key Concerns:

• Thin liquidity buffer: Cash at hand is low (£1,094 as of 2024), which may impair the company’s ability to meet short-term obligations if unexpected expenses arise.
• High tax and social security creditors: Significant liability of £31,130 under taxation and social security costs suggests potential cash flow strain.
• Regulatory filing overdue: The confirmation statement is overdue as of 2024-03-16, which could lead to penalties or enforcement actions and reflects a governance oversight.

3. Positive Indicators:

• Positive net current assets: Despite tight margins, the company maintains a small positive working capital (£514), indicating it can currently meet liabilities due within a year.
• Consistent director and ownership control: The sole director and 75-100% shareholder is stable and engaged in management, reducing governance risk from dispersed ownership.
• No history of liquidation or insolvency: The company remains active and not under financial distress or formal insolvency proceedings.

4. Due Diligence Notes:

• Investigate the nature and timing of the taxation and social security creditor balances to assess if these are overdue or accruing liabilities.
• Review cash flow forecasts and working capital management to evaluate ongoing liquidity adequacy.
• Confirm reasons for the overdue confirmation statement and whether this is an isolated compliance lapse or indicative of broader governance issues.
• Understand revenue streams and customer concentration given the industry (security systems services), especially since turnover and profit details are not disclosed in the accounts.