Utilitywise booked commission upfront that it later failed to collect
Utilitywise · Energy consultancy (listed, AIM)
The case in brief
Visible before detection
Checks that could have surfaced it, on hindsight
Bank credits vs books
Would have compared revenue with cash received.
Can mislead when: AA only sees the accounts the company links, so an undisclosed account stays invisible. Cash-heavy businesses and timing differences create false flags.
Unit economics & burn
Would have measured cash burn against accrued income.
Can mislead when: Cost allocation is a judgement call. Kubr shows its assumptions and lets the user change them.
Regulatory & litigation records
Would have searched for regulatory complaints.
Can mislead when: Court records lag and name spellings vary. A clean record can mean the problem has not reached court yet.
Where Kubr services would have helped
Valuation context
Offered in India- C8 Would have searched for regulatory complaints.
- C9 Would have measured cash burn against accrued income.
Financial diligence
Offered in India- C1 Would have compared revenue with cash received.
- C9 Would have measured cash burn against accrued income.
Model check
Offered in India- C1 Would have compared revenue with cash received.
- C9 Would have measured cash burn against accrued income.
Portfolio monitor
Offered in India- C1 Would have compared revenue with cash received.
- C8 Would have searched for regulatory complaints.
Mapped from the checks each service runs. A hindsight reading of public records, not a promise that the failure would have been found.
Same pattern
A summary of public documents. It reports what the sources say. It is not Kubr's finding and not a statement of guilt.