ALIN M LOGISTICS LIMITED

Executive Summary

ALIN M LOGISTICS LIMITED shows high financial risk due to minimal net assets and very low cash reserves as of the latest accounts. The company’s solvency and liquidity position appears fragile, compounded by a steep decline in net assets from the previous year. While regulatory filings are current, lack of detailed financial disclosures limits assessment of operational sustainability, necessitating further due diligence.

ALIN M LOGISTICS LIMITED - Analysis Report

Company Number: 12653127

Analysis Date: 2025-07-20 16:15 UTC

1. Risk Rating: HIGH
   The company exhibits significant financial weakness with minimal net assets (£100) and very low cash reserves (£420) as of 30 June 2024. The drastic decline from prior year net assets (£6,702 in 2023) indicates deteriorating financial health, raising serious concerns about its solvency and liquidity position.

2. Key Concerns:

• Solvency and Liquidity: Extremely low cash balance (£420) against current liabilities (£320) leaves a razor-thin working capital margin of £100, posing severe risk to meeting short-term obligations.
• Declining Net Assets: Net assets shrank from £6,702 in 2023 to only £100 in 2024, indicating erosion of capital and potential operational losses or unrecorded liabilities.
• Limited Financial Transparency: Accounts are abridged and unaudited, with no profit and loss statement filed, limiting insight into operational performance and cash flow generation capacity.

3. Positive Indicators:

• Compliance with Filings: Company is up to date with both accounts and confirmation statement filings, indicating no immediate governance or regulatory compliance issues.
• Active Status and No Insolvency Proceedings: The company is active with no liquidation or administration processes underway.
• Small Company Category: The company’s limited scale may reduce complexity and exposure to large liabilities.

4. Due Diligence Notes:

• Investigate reasons behind the sharp decline in net assets and working capital from 2023 to 2024, including any undisclosed liabilities or write-downs.
• Obtain detailed profit and loss accounts and cash flow statements to assess operational profitability and cash generation.
• Review director’s declarations and management commentary for any contingent liabilities or going concern uncertainties.
• Confirm whether any related party transactions or unusual financial activities occurred during the year.
• Assess the adequacy of capitalisation given the minimal share capital (£100) and limited retained earnings.