Company Number: 15126422

Analysis Date: 2025-07-20 11:44 UTC

1. Risk Rating: LOW
   VIDA TV LIMITED presents a low risk profile based on the available financial information and company status. The company is active, has filed accounts on time, and demonstrates a positive net asset position with adequate liquidity to meet short-term obligations.

2. Key Concerns:

• Newly incorporated company: Established in September 2023, VIDA TV LIMITED has limited operating history, which inherently carries some uncertainty in business sustainability and financial performance trends.
• Concentrated ownership and control: A single corporate entity (Independent Production Services Group Limited) holds 75-100% ownership and voting rights, which could affect governance dynamics and minority shareholder protections.
• Director turnover: One director resigned within the first year, though this is not unusual for start-ups, it warrants understanding the reasons and potential impact on management stability.

3. Positive Indicators:

• Strong liquidity position: Cash balances of £101,316 exceed current liabilities of £68,352, resulting in positive net current assets of £43,352, indicating good short-term financial health.
• Positive net assets and shareholder funds: Net assets of £74,182 support a stable equity base relative to the company's stage.
• Compliance with statutory filings: No overdue accounts or confirmation statements, demonstrating good regulatory compliance to date.
• Small company exemption applied appropriately: Accounts are prepared under the small companies regime with exemption from audit, consistent with company size.

4. Due Diligence Notes:

• Review business plan and revenue projections to assess operational sustainability given the early stage of the company.
• Investigate the nature and terms of the director's current account creditor balance (£14,761) for any related-party financing or director loans.
• Understand governance arrangements with the majority shareholder entity, including any shareholder agreements or control rights that could impact minority interests.
• Monitor future filings for turnover, profitability, and cash flow trends to confirm viability beyond the start-up phase.
• Confirm absence of any director disqualifications or regulatory issues beyond publicly available data.