Company Number: 13549492

Analysis Date: 2025-07-20 16:38 UTC

1. Risk Rating: MEDIUM
   The company shows modest positive net current assets and shareholders' funds but also displays negative current assets figures, which is unusual. The micro-entity status and lack of audit reduce financial transparency. The financial data is limited, and some indicators suggest potential liquidity concerns.

2. Key Concerns:

• Negative current assets reported in the latest year (£-5,000) despite positive net current assets, indicating possible classification or accounting irregularities that warrant clarification.
• Zero employees reported, which raises questions about operational capacity and sustainability for a freight and real estate business.
• Sole control by a single individual (Mr Ahmed-Alexandru Xxxxxxxname shown to subscribers) with 75-100% ownership and voting rights may increase governance risk due to concentration of control without broader oversight.

3. Positive Indicators:

• The company is active with up-to-date filings (accounts and confirmation statement) and no overdue submissions, indicating regulatory compliance.
• The business has maintained positive net current assets and shareholders’ funds over three years, reflecting a basic level of solvency.
• The company operates in diversified SIC codes spanning freight transport and real estate activities, which may provide multiple revenue streams.

4. Due Diligence Notes:

• Investigate the reason for negative current assets reported in 2024 accounts and confirm the accuracy and classification of assets and liabilities.
• Review cash flow statements or bank records (if available) to assess liquidity and working capital management beyond balance sheet snapshots.
• Understand the operational model given zero employees reported—whether subcontractors or third-party providers are used, and implications for business continuity.
• Assess governance and decision-making processes given the dominant ownership and director control by a single individual.
• Confirm if the company holds any significant debt or contingent liabilities not apparent in the micro-entity filings or notes.