Company Number: 15170400

Analysis Date: 2025-07-29 17:25 UTC

1. Risk Rating: HIGH

Justification: The company, ALICE OTIENO LTD, shows net current liabilities of £1,197 as at 30 September 2024, indicating it currently has more short-term liabilities than assets. Given its very recent incorporation in September 2023 and micro-entity status, the available financial data is limited but the negative working capital position raises solvency and liquidity concerns.

2. Key Concerns:

• Negative net current assets (£-1,197) suggest potential liquidity difficulties in meeting short-term obligations.
• Very limited financial history due to recent incorporation, restricting ability to assess operational stability.
• Sole director and 100% shareholder concentration may pose governance and control risk, especially if no independent oversight exists.

3. Positive Indicators:

• Up to date with statutory filings (accounts and confirmation statement), indicating compliance with regulatory requirements.
• Micro-entity status reduces administrative burden and filing complexity, potentially lowering operating costs.
• Single employee (the director), which may indicate a lean operational structure suitable for early-stage business development.

4. Due Diligence Notes:

• Investigate the nature of current liabilities and terms of repayment to evaluate cash flow pressures.
• Obtain management accounts or cash flow forecasts to assess operational viability and funding plans.
• Assess director’s background and business plan to understand strategy and capacity to sustain operations.
• Confirm whether any external financing or shareholder loans support working capital needs.