Company Number: 13111765

Analysis Date: 2025-07-20 13:58 UTC

1. Risk Rating: HIGH
   Justification: TABIED LIMITED exhibits extremely limited net assets and minimal working capital (net current assets of £8 at the latest year end), indicating very thin financial buffers. The company’s equity is negligible (£8), and there is minimal share capital (£1), which significantly increases solvency risk. The business appears to be a micro-entity with only one employee and limited scale, which raises sustainability concerns.

2. Key Concerns:

• Solvency and Liquidity: Net current assets are essentially zero (£8 in 2025), showing the company barely meets short-term liabilities. This thin margin can lead to liquidity issues if unexpected costs arise.
• Minimal Asset Base: The company’s net assets have dramatically declined from £6,825 in 2022 to just £8 in 2025, suggesting erosion of capital or ongoing losses.
• Operational Scale and Sustainability: With only one employee and micro-entity status, the business operates at a very small scale. This limits operational resilience and could impair growth or ability to withstand market shocks.

3. Positive Indicators:

• Filing Compliance: The company is up to date with its statutory filings (accounts and confirmation statements are not overdue), indicating regulatory compliance and corporate governance discipline.
• Stable Directorship: The sole director has been in place since incorporation with no indication of disqualification or governance issues.
• No Indication of Insolvency Proceedings: The company is active, not in liquidation or administration, suggesting it has not triggered formal insolvency processes despite the thin financial position.

4. Due Diligence Notes:

• Review detailed profit and loss data (not filed publicly) to understand the cause of capital erosion and current profitability or losses.
• Investigate cash flow statements, if available, to assess liquidity trends and timing of payables/receivables.
• Understand the business model and revenue streams, given the micro scale and industry (residential care and health activities).
• Assess any contingent liabilities or off-balance sheet obligations that could further stress solvency.
• Confirm absence of related party transactions or director loans that may distort financial position.