Company Number: 14125920

Analysis Date: 2025-07-20 15:58 UTC

1. Risk Rating: LOW
   MULTISKILLED LTD demonstrates a solid financial position with positive net assets and net current assets. The company is active, compliant with filing deadlines, and has no indication of financial distress or regulatory non-compliance.

2. Key Concerns:

• Deferred Tax Liability: The company carries a significant deferred tax liability (£9,900 as of 2024), which may impact future cash flows and tax obligations.
• Concentration of Director Loan: There is an outstanding director loan of £14 reported in 2023 that was cleared by 2024; monitoring director-related transactions is advisable to avoid conflicts of interest or repayment risks.
• Limited Scale and Operating History: Incorporated in 2022 and classified under a micro entity exemption, the company has a relatively short trading history and small asset base, which may limit resilience to business shocks.

3. Positive Indicators:

• Strong Liquidity Position: The company holds cash of £8,042 and current assets significantly exceed current liabilities (£36,315 vs. £364), indicating good short-term liquidity.
• Increasing Net Assets and Profit Reserves: Net assets have increased from £10,922 in 2023 to £26,734 in 2024, reflecting profitable operations and retained earnings growth.
• On-Time Filings and Compliance: No overdue accounts or confirmation statements, indicating good governance and regulatory compliance.
• Low Leverage and Minimal Creditors: Current liabilities are very low relative to assets, suggesting limited reliance on external debt.

4. Due Diligence Notes:

• Verify the nature and timing of the deferred tax liability and assess its potential impact on future profitability and cash tax payments.
• Review the composition of debtors (£28,273), including aging analysis and collectability, to confirm liquidity expectations are reliable.
• Confirm the ongoing viability and sustainability of business operations given the company’s micro status and limited fixed asset base.
• Investigate any director remuneration or related party transactions beyond the disclosed loans to ensure no governance risks.
• Assess the company’s client concentration and contract terms given the SIC code 43341 (painting) to understand revenue stability.