AK GLOBAL VENTURES LTD

Executive Summary

AK GLOBAL VENTURES LTD is a newly formed micro-entity with a sound initial balance sheet and positive working capital, indicating early-stage financial stability. While the company currently demonstrates adequate liquidity and no debt, credit approval should be limited and contingent on monitoring future trading performance and financial updates. Caution is advised due to the lack of historical data and concentrated ownership.

AK GLOBAL VENTURES LTD - Analysis Report

Company Number: 15126986

Analysis Date: 2025-07-20 12:33 UTC

1. Credit Opinion: APPROVE with conditions
   AK GLOBAL VENTURES LTD is a newly incorporated micro-entity operating in the retail mail order and internet sales sector. Its first set of accounts shows a modest positive net asset position and working capital. Given its recent establishment and small scale, credit exposure should be kept limited and monitored closely. Approval is recommended with conditions that credit limits remain low initially and that updated financials and trading performance be reviewed after the next accounting period to confirm ongoing viability.

2. Financial Strength
   As of 30 September 2024, the company reports current assets of £50,273 and current liabilities of £17,093, resulting in net current assets (working capital) of approximately £33,180. Shareholders funds stand at £27,994, indicating a positive equity base for a micro-entity startup. There are no fixed assets reported, and no bank borrowings disclosed, consistent with early-stage operations. The balance sheet is clean with no overdrafts or long-term liabilities, which reduces risk but also reflects limited capitalization.

3. Cash Flow Assessment
   The reported current assets likely include cash or equivalents, providing short-term liquidity to meet obligations due within one year. The positive net current assets ratio suggests adequate liquidity to cover short-term payables. However, as a startup with no employees and limited trading history, cash flow predictability is uncertain. Careful attention to cash inflows from operations and working capital management will be essential going forward, as reliance on owner funding or credit may be necessary until business scales.

4. Monitoring Points

• Monitor subsequent trading performance and revenue growth to ensure the company establishes a sustainable cash flow base.
• Review updated financial statements at the next filing date (due 2026-06-30) for improvements in profitability and working capital metrics.
• Track any changes in director or ownership structure, especially given sole control by one individual, to assess governance and risk.
• Watch for timely filing of returns and accounts to avoid regulatory penalties and ensure transparency.
• Assess impact of sector risks (online retail market competition, supply chain factors) on business resilience.